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After fuel prices jumped by more than P5 per liter this week, the Department of Energy said motorists could expect a rollback of over P2 per liter next week.
Oil prices are expected to fall further if the ceasefire between Iran and Israel holds, according to experts. Things took a dramatic turn on Tuesday after US President Donald Trump announced a ...
Analysts at Goldman Sachs have suggested a worst-case scenario could lead to the supply of oil through the Strait of Hormuz halving for a month and dropping 10% for another 11 months. This would lead ...
The U.S. attack on Iranian nuclear facilities Saturday night has raised the risk that oil prices surge into the triple digits, but experts say that’s still a remote possibility.
Concerns around tariffs and conflicts in the Middle East and Ukraine have taken a backseat to more fundamental factors ...
Yields and prices move in opposite directions, meaning prices are higher. —Lee Ying Shan Oil prices surge 9% on heels of Israeli strikes, set for largest single-day gains in about five years ...
The Strait of Hormuz is identified as one of the world's most critical oil chokepoints, with a staggering volume of oil ...
Motorists should expect an increase of almost P5 per liter at the pump next week, amid supply fears caused by escalating tensions in the Middle East.
The consequences of the increasingly urgent hostilities between Israel and Iran are multifold—humanitarian, geopolitical, and so on. If the situation deepens, it could also have important implications ...
Additionally, average diesel prices recorded their largest weekly jump since August 2023. Now, with the U.S, launching attacks on Iran, oil prices are likely to continue trending higher." ...
As of July 31, the average price for a regular gallon of gas in Wisconsin was $2.93 — more than 50 cents lower than the same ...