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Lower oil prices loom as OPEC faces tough test

OPEC at Crossroads

These are the moments OPEC exists for: A sharp drop in global oil prices has reduced the amount of money OPEC countries take in by nearly $1 billion a day.

Posted: November 26th, 2014 in Featured Gallery,Latest Business Stories,Photos & Videos | Read More »

Jollibee expands store network in Middle East

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Homegrown fast-food giant Jollibee Foods Corp. plans to expand its footprint in the Middle East by setting up stores in one or two new markets in the region known for its large concentration of overseas Filipino workers.

Posted: October 24th, 2014 in Headlines | Read More »

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 »

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