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Taguig Slope Protection

Anti-flood structure completed in Taguig

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Public Works and Highways Secretary Mark Villar said a P279.3-million slope protection project along Taguig River was completed. The protective structure aims to prevent flooding caused by river overflow in the cities of Taguig and Pa...

DTI eyes sanctions vs 12 Bambang stores selling overpriced N95 masks

account_balanceManila access_time5 days ago

At least 12 medical supply stores along Bambang Street in Sta. Cruz, Manila were issued notices of violation for selling overpriced N95 masks, according to the Department of Trade (DTI). DTI Undersecretary Ruth Castelo said the allowable price ...

PNP officer-in-charge Lt. Gen. Archie Gamboa, in an interview with reporters on Wednesday / PNA

No looting incident reported during Taal eruption

account_balanceMetro Manila access_time5 days ago

The Philippine National Police (PNP) said no looting incidents and other related crimes were reported at the height of Taal Volcano's eruption since Sunday. “We were happy when the deputy regional director for administration reported ...

Metro Manila News

Oil companies reduce prices

account_balanceMetro Manila chat_bubble_outline0 Comments

Oil companies announced reduction in pump prices on Tuesday. Flying V, Petron, PTT Philippines, and Total said they will roll back diesel prices by P0.20 per liter effective 6 a.m.
 
Flying V and Petron will also slash prices of kerosene by P0.30 per liter.
 
No movement on gasoline prices was announced.
 
According to OilPrice.com, world oil prices are expected to further decline despite tensions between the United States and Iran “as long as the flow of oil barrels to the market is not affected”.
 
“It is important to look beyond the rhetoric of the headlines and focus on market fundamentals -- including the continued rise of non-OPEC oil supply led by US shale, and flat demand growth -- which all points to a surplus, not a deficit, in oil balances in 2020,” Rystad Energy Head of Oil Market Research, Bjørnar Tonhaugen, said.
 
The report said Brent crude prices are seen to slip below USD60 per barrel even amid the geopolitical tensions in the Middle East.

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