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A service for energy industry professionals · Monday, June 23, 2025 · 824,860,207 Articles · 3+ Million Readers
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Philippines Oil & Gas News Monitoring

  • Published on Jun 21, 2025

    TURNING POINT: An Unwelcome Breather

    NAAWAN, Misamis Oriental (MindaNews / 21 June) – The escalating Israel-Iran war is choking the supply of oil from the Middle East and will spike the prices of fossil fuels worldwide. In the Philippines, the war could push fuel prices up by as much as …

    Source: Minda News - Neutral
  • Published on Jun 21, 2025

    Weekend briefing: Recession threats trump inflation threats now

    Here's our summary of key economic events over the holiday weekend that affect New Zealand, with news the world's two largest economies are showing vulnerabilities First up today we should note than many markets were closed yesterday in the US for …

    Source: interest.co.nz - Neutral
  • Published on Jun 21, 2025

    Petron pegs interest rates for P32-b bond issue in July

    Petron Corp. announced Friday it has set the interest rates for its upcoming P32 billion fixed-rate bond issue, slated for next month. The oil company’s board previously approved a public offering of up to P25 billion in retail bonds, with an …

    Source: Manila Standard - Pro-Government
  • Published on Jun 21, 2025

    BSP turns more cautious as peso weakens

    The Bangko Sentral ng Pilipinas turned more cautious after the peso weakened recently as a result of the Middle East conflict that forced investors to seek the dollar as a safe haven, according to global advisory firm Oxford Economics. Oxford Economics …

    Source: Manila Standard - Pro-Government
  • Published on Jun 21, 2025

    P219.5-M ‘smuggled’ fuel seized at La Union port; 21 nabbed

    MANILA, Philippines — The Bureau of Customs (BOC) confiscated allegedly smuggled fuel valued at P219.5 million at La Union Port, leading to the arrest of 21 individuals. In a statement Saturday, Customs said the seizure was the result of a joint operation …

    Source: Inquirer - Neutral
  • Published on Jun 21, 2025

    PH stocks dip, peso recovers amid escalating ME tensions

    Local shares slipped on Friday as global crude price continue to rise due to escalating tension between Iran and Israel and uncertainty about possible involvement of United States. The peso, however, strengthened to 57.17 versus the US dollar from 57.45 on …

    Source: Manila Standard - Pro-Government
  • Published on Jun 20, 2025

    Geopolitical tensions drag down local market

    MANILA, Philippines — The local stock market tumbled to end the week in the red territory as investors took caution amid concerns over the ongoing conflict between Israel and Iran. The benchmark Philippine Stock Exchange index (PSEI) slipped by 0.27 …

    Source: Philstar - Neutral
  • Published on Jun 20, 2025

    Middle East: Escalating tensions in engine of global economy

    The countries of the Middle East play a vital role in the global economy and are often referred to as the engine of the global economy, as the region lies at the heart of the world’s energy system. It holds nearly half of the world’s proven oil reserves …

    Source: Daily FT - Pending
  • Published on Jun 20, 2025

    Peso rebounds but stays in P57:$1 level; PSEi dips

    THE peso regained some ground on Friday, but not enough to break out of P57:$1 territory, while the stock market fell amid continued worries over tensions in the Middle East. The currency strengthened by 28 centavos to P57.17 to the dollar on Friday. The …

    Source: The Manila Times - Indeterminate
  • Published on Jun 20, 2025

    Should I be worried about Prop 65 warnings?

    I purchased a box of noodles from a local Asian market and noticed that the back had a warning label on it: “This product contains chemicals known to the State of California to cause cancer and birth defects or other reproductive harm.” How concerned …

    Source: The Philadelphia Inquirer - Pennsylvania - Center-left
  • Published on Jun 20, 2025

    AP Business SummaryBrief at 5:07 a.m. EDT

    Music streaming service Deezer adds AI song tags in fight against fraud LONDON (AP) — Music streaming service Deezer said Friday that it will start flagging albums with AI-generated songs, part of its fight against streaming fraudsters. The Paris-based …

    Source: Voice of Alexandria - Minnesota - Pending
  • Published on Jun 20, 2025

    BSP delivers quarter-point cut; more to come

    BSP Governor Eli Remolona Jr. (Photo from Department of Finance/Facebook) MANILA, Philippines — Further rate cuts are on the table of the Bangko Sentral ng Pilipinas (BSP), which reduced its policy rate by another quarter-point on Thursday, a move that …

    Source: Inquirer - Neutral
  • Published on Jun 20, 2025

    Iran: The US Needs a Plan for the Day After

    Early next week, there will be a classified briefing to Senators on Iran, in which skeptical Congressional leaders will demand answers to fundamental questions. It will also be incumbent upon the White House to demonstrate to the American people that …

    Source: The American Spectator - Virginia - Right-wing
  • Published on Jun 20, 2025

    Peso plunges to 57.45 per dollar on rising crude prices

    The peso fell to 57.45 against the US dollar Thursday from 56.98 Wednesday as crude prices surged amid the Israel-Iran conflict. Stocks, however, rose ahead of another Bangko Sentral ng Pilipinas’ interest rate cut. The Philippine Stock Exchange index, the …

    Source: Manila Standard - Pro-Government
  • Published on Jun 20, 2025

    Corporate Accountability And Global Climate Justice Groups Issue Statement On Breakdown Of UN Climate Talks In Bonn

    The following statement was delivered today by Rachel Rose Jackson, Corporate Accountability’s Director of Climate Research and Policy, on June 19th, 2025 in Bonn, Germany at a UNFCCC press conference. For the full press conference alongside partners, see …

    Source: Scoop - Indeterminate
  • Published on Jun 19, 2025

    Trump’s proposed tax on remittances ‘a concern’ for PHL

    By Aubrey Rose A. Inosante, Reporter US PRESIDENT Donald J. Trump’s proposal to tax the money sent home by foreign workers, may hurt the Philippine economy as remittances and household consumption are likely to slow, experts said. Finance Secretary Ralph G …

    Source: Business World - Neutral
  • Published on Jun 19, 2025

    Surprising Leader: Southeast Asia’s Smallest Nation Outshines 500 Major Companies in Revenue Rankings!

    While the city-state claimed the fourth spot in the rankings, Singapore’s 81 companies amassed an impressive US$637 billion in revenue last year, according to a recent report by a prominent U.S. business magazine. This staggering sum represents a third of …

    Source: Retail News Asia - Pending
  • Published on Jun 19, 2025

    Peso weakens further, back at P57:$1 level

    THE peso fell for a fourth straight day on Thursday and returned to the P57:$1 level as investors remained spooked by tensions in the Middle East and despite as-expected policy decisions by the Bangko Sentral ng Pilipinas (BSP) and the US Federal Reserve. …

    Source: The Manila Times - Indeterminate
  • Published on Jun 19, 2025

    BSP delivers 2nd straight rate cut

    THE BANGKO Sentral ng Pilipinas (BSP) lowered policy rates for a second straight meeting on Thursday and signaled at least one more cut this year to support economic growth. The Monetary Board on Thursday reduced the target reverse repurchase rate by 25 …

    Source: Business World - Neutral

08 days 16:24:13

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