Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info Premium Content By Irina Slav – Jul 04, 2024, 6:00 PM CDT Strong demand from peak driving season and lower OPEC exports are pushing oil prices higher. Increased US travel and potential […]
Strong Fundamentals Suggest Oil Prices Will Continue to Climb Read More »
Brix Lelis – The Philippine Star July 2, 2024 | 12:00am In separate advisories, Shell, Caltex and Seaoil said gasoline, diesel and kerosene will increase by P0.95, P0.65 and P0.35 per liter, respectively. STAR / File MANILA, Philippines — Motorists can expect fuel prices to increase by as much as P0.95 per liter today, amid
Oil prices increase for 3rd straight week Read More »
Crude oil futures rose 1% on Monday and are on pace to post a gain for the month, as signs point to strengthening gasoline demand in the US and geopolitical tensions flare again in the Middle East. Oil prices pulled back Friday, snapping a recent winning streak, but closed out the week nearly 3% higher.
Oil prices rise 1%, on pace for monthly gain as Israel-Lebanon tensions simmer Read More »
Brix Lelis – The Philippine Star June 22, 2024 | 12:00am Department of Energy-Oil Industry Management Bureau assistant director Rodela Romero estimated an increase of P0.85 to P1.15 per liter for gasoline, P1.55 to P1.85 for diesel and P1 to P1.10 for kerosene. Walter Bollozos, file MANILA, Philippines — Another round of oil price hikes
Another round of oil price hikes next week Read More »
Irina Slav Irina is a writer for Oilprice.com with over a decade of experience writing on the oil and gas industry. More Info By Irina Slav – Jun 21, 2024, 1:19 AM CDT Crude oil prices are about to book another weekly gain, boosted by the Energy Information Administration’s latest inventory report. On Thursday, the
Oil Prices on Track for a Weekly Gain as Fuel Demand Climbs and Inventories Fall Read More »
Advertisement Advertisement FILE PHOTO: Japanese Prime Minister Fumio Kishida walks, on the day of the opening ceremony of the Summit on Peace in Ukraine at the Buergenstock Resort in Stansstad near Lucerne, Switzerland, June 15, 2024. REUTERS/Denis Balibouse/Pool/File Photo TOKYO : Japan’s Prime Minister Fumio Kishida is set announce another extension of gasoline subsidies until
Japan to extend gasoline subsidies to year-end, NHK reports 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 – Jun 18, 2024, 3:41 PM CDT Crude oil inventories in the United States rose this week by 2.264 million barrels for the week ending June 14, according
Oil Prices Hold Up Against Falling U.S. Crude Oil Inventories Read More »
MANILA, Philippines — Fuel prices will go up this week, oil firms said Monday, a week after pump prices were lowered. Shell and Caltex said that they will raise gasoline prices by P0.85 per liter, diesel by P1.75 per liter and kerosene by P1.90 per liter. Last week, oil companies lowered the prices of gasoline,
Fuel prices to rise this week Read More »
Oil prices climbed about 3% to a one-week high on Monday, buoyed by hopes of rising fuel demand this summer despite a stronger U.S. dollar and expectations the U.S. Federal Reserve will leave interest rates higher for longer. The Fed hiked interest rates aggressively in 2022 and 2023 to tame a surge in inflation. Those
Oil prices up 3% to one-week high on hopes of higher summer fuel demand Read More »
WTI price continues its losing streak as US crude Oil stocks surged by 4.052 million barrels in the last week. OPEC+ allowed eight member countries to gradually unwound Oil cuts starting in October. Oil traders monitor the Israel-Hamas situation, as the failure of a peace deal could bolster crude Oil prices. West Texas Intermediate (WTI)
WTI drops to near $73.00 due to builds in US Oil stockpiles Read More »
