The increase, which the group said was a response to “a steady global economic outlook,” was higher than some analysts expected and could lead to lower oil prices.

DOE OIC Sharon Garin said each oil firm has its own mechanism for implementing the discounts, such as specific implementation dates, promotional offers, and loyalty programs for private motorists.

AFTER a hefty price increase in petroleum products last week, oil companies announced Monday that pump prices will drop by more than P1 per liter this week. Motorists will enjoy a P1.40 per liter ...

<p>New Delhi: Indian Oil Corp. (IOC), the country’s largest oil-marketing company with over 37,500 petrol stations, is working on a new business plan to set up green hydrogen fuel dispensing ...

President Donald Trump on Monday called for the U.S. and other oil-producing economies to pump more oil as crude prices.

Motorists are feeling the pinch at the pumps this month, as both petrol and diesel prices are rising ...

Louisiana oil and gas experts say tensions rising in the Middle East this month impacted the cost of oil, but now those numbers are quickly going back down.

NNPC Limited and other petroleum marketers on Monday raised petrol pump price in Abuja following rise in crude oil price at the international market.

Trump wants oil producers to pump more crude amid jitters that Iran may close critical shipping lane President Donald Trump is calling for the U.S. and other oil-producing economies to pump more ...

WASHINGTON (AP) — President Donald Trump on Monday called for the U.S. and other oil-producing economies to pump more oil as crude prices remain volatile ...

'The White House should be worried': Oil prices soar after Israel's attack on Iran No matter how the fighting unfolds, it promises to increase prices at the gasoline pump just as voters' natural ...

News Trump urges oil producers to pump more crude fearing Iran may close critical shipping lane Published: Jun. 23, 2025, 12:28 p.m.