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Oil prices rise as Ukraine war stokes supply fears

Business World Philippines

|

September 03, 2025

OIL PRICES ROSE on Tuesday as concerns about supply disruptions grew amid an escalation of the conflict between Russia and Ukraine, and as the market weighed whether upcoming US jobs data would lead to interest rate cuts.

Brent crude added 37 cents, or 0.54%, to $68.52 a barrel by 0617 GMT, while US West Texas Intermediate (WTI) crude was at $65.02 a barrel, up $1.01, or 1.58%.

WTI futures did not settle on Monday due to the Labor Day holiday in the US “Oil prices are drawing short-term strength from the prospect of imminent Fed easing, which is reviving demand sentiment,” said Priyanka Sachdeva, senior market analyst at Phillip Nova.

Business World Philippines से और कहानियाँ

Business World Philippines

NG gross borrowings decline in October

THE NATIONAL Government's (NG) gross borrowings declined in October amid a drop in foreign debt, the Bureau of the Treasury said.

time to read

2 mins

December 01, 2025

Business World Philippines

Business World Philippines

Honda Foundation extends aid to Typhoon Tino survivors

LATE LAST month, associates from the Cebu office of Honda Philippines, Inc. (HPI) representing Honda Foundation, Inc. (HFI) visited affected families in Barangay Cotcot, Liloan, Cebu.

time to read

1 min

December 01, 2025

Business World Philippines

Poll: Inflation likely eased in Nov.

HEADLINE INFLATION likely eased in November as lower prices of food, particularly rice, may have tempered higher utility costs during the month, analysts said.

time to read

3 mins

December 01, 2025

Business World Philippines

Business World Philippines

Filipinos push back as flood control scandal sparks fresh protest wave

BJ I. MABINI didn’t plan on joining a street protest. But when he saw videos of politicians’ relatives flaunting designer bags and luxury cars online — days after headlines warned that billions of pesos meant for flood control had vanished — he said he had reached his limit.

time to read

6 mins

December 01, 2025

Business World Philippines

Business World Philippines

The Good Meat elevates Noche Buena dishes with new twists

FOR FILIPINOS, Noche Buena is more than a feast.

time to read

1 min

December 01, 2025

Business World Philippines

Business World Philippines

SEVEN-SEATER CONTENDER

Mitsubishi unveils all-new Destinator

time to read

2 mins

December 01, 2025

Business World Philippines

Business World Philippines

DoST honors outstanding MSMEs at National Science, Technology and Innovation Week 2025

THE DEPARTMENT OF SCIENCE and Technology (DoST) recognized nine outstanding micro, small, and medium enterprises (MSMEs) under its Small Enterprise Technology Upgrading Program (SETUP) during the 2025 National Science, Technology, and Innovation Week (NSTW) held in Laoag City.

time to read

1 mins

December 01, 2025

Business World Philippines

PHL export prospects riding on tariff ruling by US Supreme Court

A US Supreme Court ruling on the reciprocal tariffs will shape the Philippines’ trade prospects as the justices grapple with President Donald J. Trump’s radical overhaul ofthe trading system, analysts said.

time to read

2 mins

December 01, 2025

Business World Philippines

PHL companies double down on sustainability – Schneider survey

ENERGY TECHNOLOGY SOLUTIONS provider Schneider Electric recently announced the results of its annual Green Impact Gap survey revealing that Philippine business leaders increasingly view sustainability as a driver of growth and competitiveness, even as they cite economic uncertainty and geopolitical instability as barriers to further sustainability investment.

time to read

1 mins

December 01, 2025

Business World Philippines

Rice, galunggong prices up, meat steady in mid-Nov.

PRICES of rice and galunggong (round scad) rose in mid-November, while pork and chicken prices were little changed, according to the Philippine Statistics Authority (PSA).

time to read

1 mins

December 01, 2025

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