Tag: oil prices

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Petroleum products up by more than P2 per liter

Energy & Mining Context.ph Context.ph -
Local oil retailers again implement a big-time adjustment in the sale of petroleum products starting Tuesday after last week’s mixed price adjustments.

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South Korean firm to build Clark luxury project

Property 0
South Korea’s Luxia Corp. is set to invest P4.4 billion in a high-end mixed-use development featuring a hotel and serviced apartments in Clark Freeport.

DA chief flags cost risks despite adequate food supply amid oil shock 

Agriculture 0
Agriculture Secretary Francisco P. Tiu Laurel Jr. assured senators on Tuesday that the country’s food supply will remain sufficient in the coming months, but warned that escalating tensions in the Middle East could drive food prices higher through rising logistics and input costs, particularly urea-based fertilizer. 

JG Summit earnings rise despite petrochemical drag

Corporate 0
JG Summit Holdings Inc., the investment holding company of the Gokongwei Group, saw recurring earnings rise in 2025 on the back of resilient consumer demand and a recovery in travel, cushioning the impact of a massive write-down in its petrochemical business that pulled overall results into a loss.

Marcos declares state of national energy emergency 

Top News 0
President Ferdinand Marcos Jr. on Tuesday declared a state of national energy emergency through Executive Order No. 110, citing the growing economic risks posed by escalating geopolitical tensions in the Middle East.

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