Tag: petroleum

London, United Kingdom -- Oil prices rallied further Thursday, reaching fresh 3.5-year highs, as US President Donald Trump's decision to tear up the Iran...

PXP Energy Corp. has trimmed its net loss to P3.7 million in the first quarter, in part because of the higher petroleum revenues and...

Oil fell as the US oil rig count rose for a fourth week, but was still poised for a second monthly advance. Futures in New...

Oil steadied amid signs that French President Emmanuel Macron was struggling in his push for a new deal that might prevent further US sanctions...

Oil advanced above $64 a barrel after Chinese President Xi Jinping’s conciliatory tone in a closely watched speech raised hopes that U.S.-China trade tensions...

Oil’s decline slowed after prices fell to an almost three-week low as investors continued to evaluate the potential impact of an escalating trade conflict...

Oil headed for its worst week in more than a month after U.S. President Donald Trump called for tariffs on more Chinese goods, souring...

Oil held near $63 a barrel after U.S. crude stockpiles declined and trade tensions between the U.S. and China showed tentative signs of easing. Futures...

Oil fell after China said it would levy tariffs on $50 billion of U.S. imports in retaliation against measures by President Donald Trump, fanning...

Oil held losses below $64 a barrel as the risk of a trade war between China and the US rattles a market that’s already...

Phoenix Petroleum Philippines, Inc. has expanded its share in the local petroleum industry, cornering 6.2% of the market as of end-2017 and posting the...

Oil’s rally above $65 a barrel is being propelled by a sign that American explorers have curtailed drilling activity as well as speculation that...

GASOLINE, diesel and kerosene prices will increase this week, oil companies said on Monday, April 2, pointing to the movement of prices in the...

Listed oil exploration company Oriental Petroleum and Minerals Corp. (OPMC) has secured the approval of its stockholders to venture into the upstream and downstream...

Oil traded above $65 a barrel as global trade tensions showed signs of easing, countering concerns that U.S. crude stockpiles may have resumed their...

Electric cars may be cheaper than their petroleum counterparts by 2025 if the cost of lithium-ion batteries continues to fall. Some models will cost the...

Pilipinas Shell Petroleum Corp. has earmarked P4.289 billion as capital expenditure for 2018 to cover the year's outlay for its retail as well as...

Oil climbed to a two-week high as output curbs by OPEC and its allies continued to deplete the remnants of a global supply surplus. Futures...

Oil slipped as U.S. explorers resumed their drilling binge, raising concerns over whether output cuts by OPEC and its allies will be enough to...

Pilipinas Shell Petroleum Corp. posted a net income of P10.4 billion in 2017, citing strong growth in retail volume and regional refining margins as...

Signs of strength in the U.S. economy and data showing American explorers curtailed drilling activity is helping oil hold gains after its biggest jump...

Oil companies are rolling back the price of petroleum products this week after two straight weeks of increases. Gasoline will be reduced by P0.35 per...

Optimism in the oil market that lifted prices by the most in almost three weeks eased as investors assessed the outlook for consumption against...

OIL COMPANIES will be raising the prices of petroleum products this week at rates generally milder than what consumers feared in view of the...

SENATOR Grace Poe in a statement on Friday, Nov. 10, proposed that revenues from petroleum excise taxes in the first tranche of the Duterte...