Marko Papic, Chief Strategist at BCA Research, expects oil prices to rise in the near term, driven largely by geopolitical risks centred around Iran. He sees limited impact from other players in the ...

President Ferdinand "Bongbong" Marcos Jr. on Wednesday said that the government is preparing to roll out fuel subsidies in response to the expected ...

Crude futures were lower and ING said the market’s biggest fear is the Strait of Hormuz shutting down, with significant disruption to oil flows sufficient to push prices to $120 a barrel.