Jan 10, 2025 · Crude oil prices were set for their third week of gains today, as demand for heating fuel kept prices elevated. The gains are modest for both Brent crude and West Texas Intermediate but...

Oct 11, 2024 · Effective Tuesday, October 8, oil companies hiked the prices of diesel and kerosene by P1.20 per liter and P0.70 per liter, respectively, while no change was effected for gasoline. The latest price movements resulted in year-to-date adjustment for diesel to stand at a net increase of P4.05 per liter, while gasoline remains at P6.40 per liter.

1 day ago · OPEC+ will likely stick to its plan to raise oil output for a second consecutive month in May, four sources told Reuters, amid steady oil prices and plans to force some members to reduce pumping ...

Nov 4, 2024 · Oil prices are up 2.75%, creating a ripple effect across the energy sector and driving up the share prices of several major oil companies. Among the notable gainers were ExxonMobil, which saw its...

On January 14, 2025, oil companies hiked the prices per liter of both gasoline and kerosene by P0.80 while diesel was increased by P0.90 per liter. The latest price movements marked the the second time of pump price hikes for 2025.

Dec 5, 2024 · Oil prices were trading flat on Thursday afternoon, after OPEC+ delayed its planned output increase by three months to April 2025, and extended the full unwind of production cuts by a year...

1 day ago · After implementing a minimal price rollback ranging from 20 to 40 centavos last week, oil companies are imposing a price increase ranging from 40 centavos to P1.10 effective on March 25.

13 hours ago · Brent crude futures were up 46 cents at $73.46 a barrel by 1023 GMT, while U.S. West Texas Intermediate crude climbed 41 cents to $69.52

4 days ago · Oil prices were also supported by the new OPEC+ plan for seven members to cut output further to compensate for producing more than agreed levels. The plan would represent monthly cuts of between ...

Jan 10, 2025 · Oil prices rose to three-month highs on Friday on perceptions of tighter U.S. sanctions on Russia impacting Moscow's ability to maintain its crude exports to Asia, among other factors.