DOE points to potential pump price rollback next week

By Alexia Bangayan On Thursday, April 16, the Department of Energy (DOE) Secretary Sharon Garin announced that motorists may see a possible rollback in fuel prices next week as international oil markets begin to ease. Garin explained that recent movements in global crude oil trading indicate a drop in prices, which could lead to lower…

Fuel price relief possible next week

By Noriko Yamamoto On Thursday, April 9, an announcement stating that motorists may finally see a break from relentless fuel price hikes as global oil benchmarks ease was released. Industry sources noted that “MOPS (Mean of Platts Singapore) prices and premiums have softened due to the ceasefire deal in the Middle East.” With this, Diesel…