Tag page - oil market

Despite robust outcome at its top line, the consolidated net income of leading oil player Petron Corporation posted a slight downturn in the first half to P6 billion from last year’s P6.14 billion in the same period. On the company’s operating income, this logged more favorable result with 8.0...

The estimated rollback at the pumps next week will offer more substantial relief to the pockets of consumers next week as this already turned heftier into the vicinity of P1.00 per liter as of end of trading day on Friday (May 3), according to the industry players. Based on the outcome of five-day...

Former AGHAM Party-list Rep. Angelo Palmones finds the continued pump fuel price hikes in the early part of 2022 very concerning as it shows the vulnerability of Filipino consumers to the volatile international oil market. (MANILA BULLETIN) “Fuel prices are continuously increasing and consumers...