Author name: Siim

USD/CAD edges lower to near 1.4000 despite weaker Oil prices

USD/CAD edges lower to near 1.4000 despite weaker Oil prices

USD/CAD loses ground for the second successful session, trading around 1.4010 during the Asian hours on Monday. The pair depreciates as the US Dollar (USD) struggles due to the ongoing US federal government shutdown. Traders will likely observe the Bank of Canada (BoC) Business Outlook Survey later in the day. The US government shutdown has

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Diesel prices to drop P0.70 per liter, ending 2-month hike streak

Diesel prices to drop P0.70 per liter, ending 2-month hike streak

October 20, 2025 | 10:38am Undated photo shows a motorist paying for gas at a station in Marikina City. The Philippine STAR / Walter Bollozos MANILA, Philippines — After nearly two months of consecutive hikes, diesel prices will drop by P0.70 per liter starting Tuesday, October 21. Kerosene prices are also set to decrease, while

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Exxon Restarts Key Gasoline Unit After Brief Beaumont Refinery Outage

Exxon Restarts Key Gasoline Unit After Brief Beaumont Refinery Outage

By Julianne Geiger – Oct 11, 2025, 4:00 PM CDT ExxonMobil has restarted the gasoline-producing fluid catalytic cracking unit (FCCU) at its massive Beaumont, Texas, refinery, two days after an unexpected shutdown temporarily disrupted operations, according to sources familiar with the plant. The 120,000-barrel-per-day FCCU went offline Tuesday night following a malfunction, prompting flaring visible

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