Global oil prices fell to their lowest levels in more than three months on Tuesday as markets assessed the prospects of a US-Iran peace deal that could restore crude flows through the...
The Department of Energy (DOE) expects fuel prices to continue easing in the coming weeks as markets respond positively to reports that the United States and Iran are nearing an agreement that...
Oil prices fell sharply after several supertankers carrying Gulf crude successfully passed through the Strait of Hormuz en route to Asian markets, easing immediate concerns over major supply disruptions affecting regional energy...
As the region plunges deeper into an energy crisis, the way out could lie in a determined move towards EV adoption and reduced reliance on oil and gas imports By: Putra Adhiguna...
Oil prices surged while global equities showed mixed reactions on Monday as renewed tensions in the Middle East raised concerns over supply disruptions, a development closely watched by energy-importing economies such as...
Photo credit: House of Representatives of the Philippines House Speaker Faustino “Bojie” G. Dy III announced the creation of the KALINGA Act, the first legislative move to cushion the impact of inflation...
Building on its track record of supporting economies in Asia and the Pacific during global uncertainty, the Asian Development Bank (ADB) announced its financial support package for developing member countries to cushion...
Petron Corporation has reported a consolidated net income of PHP 5.3 billion for the first half of 2025, reflecting its operational resilience despite ongoing global oil market disruptions. Crude prices plunged during...
MERALCO has announced a PHP 0.2908 per kWh drop in overall electricity rates for August 2023, bringing an adjusted typical household rate of PHP 10.8991 per kWh from last month’s Php 11.1899...
House Deputy Speaker and Cagayan De Oro City Rep. Rufus Rodriguez will be refiling his proposed bill to suspend for four years the excise taxes on diesel, gasoline, and other fuel products...
