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Oil prices down in Asian trade

AP FILE PHOTO

Oil prices eased in Asia Monday on softer US demand, but tensions in the Middle East where jihadists have declared an Islamic state straddling Iraq and Syria will likely keep prices high, analysts said.

Posted: June 30th, 2014 in Latest Business Stories | Read More »

Gas price hike of up to P1.50 expected

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AP FILE PHOTO

Gasoline and diesel products may increase by up P1.50 per liter this week amid fears the worsening sectarian crisis in Iraq may disrupt exports from the world’s No. 3 supplier of crude oil.

Posted: June 23rd, 2014 in Latest Business Stories | Read More »

Oil price rollback seen next week

AP FILE PHOTO

Motorists may enjoy savings on fuel next week as prices are expected to go down on tempered speculation in the international market, the Department of Energy (DOE) said.

Posted: June 7th, 2014 in Latest Business Stories | Read More »

Oil falls toward $110 after hitting 2-year high

AP FILE PHOTO

The price of oil fell Monday, edging off a two-year high as the likelihood of a U.S. attack against Syria appeared to diminish.

Posted: September 9th, 2013 in Latest Business Stories | Read More »

ABS-CBN taps new partner for Middle East market

ABS-CBN Corp., the listed television broadcast arm of the Lopez Group, has tapped a new partner to offer additional channels aimed at Filipinos based in the Middle East.

Posted: April 29th, 2013 in Headlines | Read More »

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