Fuel prices rise again with big hike on September 22
The upcoming hike marks the third straight week of substantial price increases at the pump
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Global diesel prices hit record highs, further rises possible
Refineries worldwide are operating at maximum capacity, with the US experiencing record retail diesel prices and low inventory levels, indicating a tight global diesel market
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Marcos suspends excise taxes on LPG, kerosene anew
The tax relief does not extend to gasoline and diesel, as Finance Secretary Frederick Go says this would ‘not be progressive’ because higher-income consumers who use more of the two fuels would capture more of the benefit
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[Vantage Point] Oil’s false prophets
Why oil forecasts fail when war, inventories, and China rewrite the math
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Red Sea shipping slows after Houthi attack on Saudi Arabia, data shows
Data shows 11 commodity vessels pass through the Bab el-Mandeb strait on Sunday, the lowest level in months
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Another fuel price hike set for July 28
The increase follows last week’s big jump, when diesel rose by P10.68 per liter and gasoline by P3.65 per liter
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Fuel price rollback set for August 4 after weeks of hikes
The latest rollback suggests some easing after global oil and refined fuel prices surged in late July due to renewed tensions in the Middle East
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US vows ‘economic D-Day’ as Iran threatens to halt all oil exports
The warring nations have not conducted military strikes against each other for weeks, but they also have not engaged in meaningful talks to end the six-month-old conflict
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Fuel prices rise again on August 25
(1st UPDATE) The latest increase follows last week’s hike, marking the second straight week of rising fuel prices
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Fuel prices roll back after 2 weeks of hikes
It’s welcome news after motorists suffered through a rough August with pump prices swinging sharply due to the continuing conflict in the Middle East
