ABS-CBN News on MSN8h
Second oil price hike in 2025 to greet motorists next week
Fuel prices will increase for the second time since 2025 started based on the results of industry trading this week, according to the Department of Energy (DOE).
US to return $52.8 million in seized assets linked to Nigeria's former oil minister
The United States will return $52.88 million in seized assets to Nigeria as part of a yearslong corruption probe against ...
Crude oil spikes most in three months as new Russia oil sanctions 'taken more seriously'
Oil prices surge to three-month highs as U.S. broadens sanctions on Russian oil and winter weather lifts demand for heating ...
Number of active U.S. drilling down this week
The number of active drilling rigs in the United States stood at 584 this week, down by five from the previous week and 35 from last year, according to the weekly data released on Friday by ...
Why Oil Has Hit A 3-Month High With Brent Touching $80
On Friday, crude oil futures rose to price levels last seen in October 2024. What are the reasons behind the uptick in prices ...
Biden admin imposes harsh sanctions on Russian oil industry to cut off funding for Ukraine war effort
The Biden administration on Friday targeted Russia’s energy sector, including its oil industry, with some of its harshest ...
US to impose sanctions on Russian oil fleet and traders, document shows
The United States will impose some of the harshest sanctions yet on Russia's oil industry, according to a purported U.S.