oil

Oil giant faces lawsuits over climate disasters in PH, Brazil

A typhoon in the Philippines and flooding in Brazil. Twice in less than a year,…

Rate hike bets, rising oil prices to test PSEi

Philippine stocks could face renewed pressure this week as investors weigh the prospect of another…

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…