US futures settle at lowest so far this year US crude oil inventories rose last week, EIA says US still plans to impose tariffs on Canada, Mexico Saudi and other OPEC+ ministers meet next week Jan ...

Last week, domestic pump prices increased by nearly P3 per liter due to concerns that tougher sanctions on the Russian oil industry could tighten supply in the global oil market.

The largest U.S. oil company intends to more than triple its production in the Permian, the top U.S. shale field, and pump 1.3 million barrels per day from its lucrative operations in Guyana by 2030.