Tag: OPEC+ (Organization of the Petroleum Exporting Countries and its allies)
Oil falls more than 1%
SINGAPORE — Oil prices fell more than 1 percent on Thursday following a report that OPEC+ is discussing a production increase for July, stoking...
OPEC expects slower 2025 oil supply growth
BY ALEX LAWLER
LONDON— OPEC on Wednesday trimmed its forecast for growth in oil supply from the United States and other producers outside the wider...
Saudi crude prices for Asian buyers may rise in June
BY SIYI LIU
SINGAPORE - The world’s biggest oil exporter Saudi Arabia may slightly increase its crude prices for Asian buyers in June for the...
Saudi Arabia losing patience with OPEC+ members’ non-compliance
BY RON BOUSSO
LONDON- President Donald Trump’s global trade war has created tumult in the oil market that Saudi Arabia did not seek, but can...
Pump price rollback: Gasoline down P1.70/liter
Local oil players reduced the prices of petroleum products, with gasoline taking a hefty cut of P1.70 per liter, while diesel was reduced by P0.90 per liter, and kerosene by P1.80, starting today.
Petroleum prices have gone down across the...
