crude oil - updates

Rappler's latest stories on crude oil


[OPINION] Higher inflation: Is TRAIN to blame? (Part 1)

Jun 02, 2018 - 10:33 PM

In these tough times, government officials must be wary of populist policies that could make matters worse. They should also avoid making callous remarks that tend to belittle the poor and add insult to their economic injury.

Japan confirms oil from wrecked tanker hitting its beaches

Feb 23, 2018 - 5:28 PM

Analysis of samples of heavy fuel that began washing up on remote Okinoerabu and Yoron islands this month find similar components to the fuel used by the Sanchi tanker, coastguard spokesman Takuya Matsumoto says

OIL SLICK. This handout picture taken on January 17, 2018 by Japan's 10th Regional Coast Guard Headquarters shows an oil slick on the East China Sea after Iranian tanker Sanchi burned and sank on January 6, 2018. Handout photo by Japan's 10th Regional Coast Guard Headquarters/AFP

How falling oil prices could be good for PH

Jan 25, 2016 - 10:00 AM

Filipinos stand to benefit from cheaper gas and less inflation but global markets are expected to stay volatile

OIL BOOST. While oil-producing nations and global markets are suffering, economists think that the Philippines' consumption-led economy will get a boost from low oil prices this year as consumers benefit from cheaper utilities and lower inflation.

As ASEAN growth slumps, PH still bright spot in region – HSBC

Sep 15, 2015 - 10:21 AM

HSBC experts also say that India with its resurgent economy and vastly untapped domestic market is a potential ASEAN growth engine

Balloons carry the ASEAN logo stands next to ASEAN members and dialogue partners flags at the main venue of the Myanmar International Convention Center, ahead of the arrival of leaders for the 25th Association of South East Asian Nations (ASEAN) summit, Naypyidaw, Myanmar, 11 November 2014. Azhar Rahim/EPA

PNOC eyes tie-up with BP to build depot facilities

May 03, 2015 - 11:33 PM

The proposed tie up is one of the measures to help alleviate falling revenues due to low oil prices

Oil prices ease in Asia

Mar 25, 2014 - 2:39 PM

Oil prices fall in Asia as investors await the release of data to gauge demand in the US the world s biggest oil consumer

Oil prices mixed as 2013 draws to a close

Dec 31, 2013 - 8:41 PM

Investors are concerned over the growing violence in fledgling oil producer South Sudan

Oil prices in PH at stake in Iran nuke deal

Nov 29, 2013 - 9:37 PM

If Iran keeps up with the deal to curb its nuclear program economic sanctions against it will be lifted Iran s ambassador says this can make oil cheap in PH

HISTORIC HANDSHAKE. Iranian Foreign Minister Mohammad Javad Zarif (2nd L) shakes hands with US Secretary of State John Kerry next to Chinese Foreign Minister Wang Yi (far L) and French Foreign Minister Laurent Fabius (far R) after a statement on early November 24, 2013 in Geneva. AFP/Fabrice Coffrini