Oil firms will increase their oil prices due to a movement in prices in the world market. This comes before the second tranche of excise tax on oil under the Tax Reform...
The reselling of Euro 2 diesel fuels will not curb the rising oil prices. This according to the Independent Philippine Petroleum Companies Association (IPPCA) after the Department of Energy (DOE) ordered oil...
Amid global oil price hikes and the tightening of monetary policies, economists are saying that the economic growth of the Philippines will keep slowing down. Chief Economist of IHS Markit Asia Pacific...
Oil companies implemented price hikes on Tuesday following the recent Organization of Petroleum Exporting Countries (OPEC) deal, and higher US crude demand in the international market. The Department of Energy said that the...
