MANILA, Philippines – Oil companies will again lower pump prices this week but the price cuts will not be as big as last week. Shell and Seaoil said that diesel prices will go down by P0.20 per liter and kerosene by P0.40 per liter. The price of gasoline will remain the same. The price adjustments […]
Oil firms to lower pump prices this week Read More »
Prime Minister Shehbaz Sharif has announced a plan to lower electricity prices to help reduce the financial pressure on consumers. He explained that the government wants to share the benefits of changes in global oil prices with the public by making electricity more affordable. The relief package is being designed to provide some financial relief,
PM to Provide Major Relief in Electricity Bills Ahead of Summer Read More »
The Shehbaz Sharif government has decided not to change fuel prices for the next two weeks. Instead, they plan to give relief by reducing electricity prices. The aim is to pass on the benefits of global oil price changes to the people in a different way. A detailed plan is being prepared to lower electricity
No Decrease in Petrol Prices! PM Shehbaz Keeps Fuel Prices Unchanged Read More »
Brix Lelis – The Philippine Star March 15, 2025 | 12:00am The Department of Energy has estimated a potential price rollback of P0.10 to P0.40 per liter for gasoline, P0.20 to P0.60 per liter for diesel and P0.30 to P0.60 per liter for kerosene. STAR / File MANILA, Philippines — Motorists can expect continued relief
Further drop in oil prices seen next week Read More »
Tsvetana Paraskova Tsvetana is a writer for Oilprice.com with over a decade of experience writing for news outlets such as iNVEZZ and SeeNews. More Info Premium Content By Tsvetana Paraskova – Mar 12, 2025, 6:00 PM CDT Traders have slashed bullish bets on crude oil, with WTI net long positions hitting a 15-year low in
Hedge Funds Turn Bearish on Oil, Bullish on Natural Gas Read More »
The Founder and Chief Investment Officer of Zrosk Investment Management, Samson Esemuede, has said a higher crude oil price in the global oil market may not be in Nigeria’s favor. Esemuede, while speaking on the Drinks and Mics program on Nairametrics TV, argued that Nigeria needs global oil prices to be “lukewarm” rather than too
Why higher global oil prices may not favor Nigerians – Samson Esemuede Read More »
Julianne Geiger Julianne Geiger is a veteran editor, writer and researcher for Oilprice.com, and a member of the Creative Professionals Networking Group. More Info By Julianne Geiger – Mar 07, 2025, 11:30 AM CST Oil prices took a hit this week, and according to Rystad Energy, the bearish mood is real—but temporary. Brent crude briefly
Rystad: Oil Prices Under Pressure, But Don’t Expect a Freefall Read More »
Fri, February 28, 2025 at 12:48 AM UTC Weekly jobless claims just hit their highest point in nearly a year – while coffee prices surge and could climb even higher. MSNBC’s Ari Melber reports on Trump’s economy and is joined by Nobel prize-winning economist Paul Krugman. (The Beat’s YouTube playlist: https://msnbc.com/ari Ari: / arimelber Beat
That was fast! Trump MIA as prices spike from coffee to eggs to gasoline Read More »
Oil drilling rigs Oil prices deepened their losses on Friday, marking a weekly decline, as markets anticipated that efforts by US President Donald Trump would boost global oil supply. Brent crude futures for April delivery dropped 2.68%, or $2.05, to $74.43 per barrel. The US West Texas Intermediate (WTI) crude futures for April delivery also
Oil prices drop over 2%, record weekly losses Read More »
By Editorial Dept – Feb 21, 2025, 10:00 AM CST Crude oil prices recorded a choppy trading week, underpinned by geopolitical risks and significant supply disruptions. The market closely followed developments in the Russia-Ukraine conflict, where a Ukrainian drone attack on Russia’s Kropotkinskaya pumping station disrupted oil flows via the Caspian Pipeline Consortium (CPC). This
Geopolitical Tensions and Supply Disruptions Lift Oil Prices Read More »
