oil

BIZ BUZZ: Winners from $100 oil?

Oil staying above $100 a barrel spells trouble for an energy-importing economy like the Philippines—but…

5 Asean states back PH oil stockpiling plan

At least five Southeast Asian countries have committed to pursuing a regional oil stockpiling initiative…

Shell Pilipinas bludgeoned by Middle East war

Shell Pilipinas Corp. plunged into a P2.7-billion loss in the first semester, battered by weaker…

MidEast war weighs down on Petron’s first-half earnings     

Petron Corp. posted a 27-percent drop in its bottom line in the first semester as…

PSEi firms up as oil prices ease

Local stocks rebounded on Monday as easing global oil prices and renewed hopes for United…

Oil shock, policy uncertainty prompt WB to cut PH outlook

The World Bank (WB) on Monday sharply lowered its outlook for the Philippine economy, warning…

Amro stays cautious on PH amid oil shock, trade tensions

The Asean+3 Macroeconomic Research Office (Amro) said more weakness lies ahead for the Philippine economy…

Higher oil prices may keep PSEi under pressure

Investors are expected to remain defensive this week as surging oil prices, renewed geopolitical conflict…

PSEi falters on fresh oil, peso woes

Local stocks slipped on Friday as surging global oil prices and the peso’s slide to…

Wage hike, oil shocks complicate inflation fight

Twin shocks from a steep wage increase and renewed volatility in oil prices and the…