Philippines Acquiring 2 Million Barrels of Fuel to Boost Buffer Stock
The Philippine government is in the process of acquiring two million barrels of oil from the global market to add 10 days to the country’s fuel buffer stock, Finance Secretary Frederick Go announced.
The Story
Analyzing sources…
Source Diversity
Source Diversity
Moderate (27/100)Sources
PH in process of acquiring 2 million barrels of fuel–DOF chief
The government is now in the process of acquiring two million barrels of oil from the global market in a bid to add 10 additional days to the country’s buffer stock of fuel, Finance Secretary Frederick Go said. Speaking at a Philippine Stock Exchange event, Go said the Philippine National Oil Co. – Exploration Corp.
By NewsPublish
Read full article →PNOC to buy 2 million barrels of diesel
The Philippine National Oil Co. has begun procuring two million barrels of oil from the global market to shore up the country’s fuel reserves, Finance Secretary Frederick Go said yesterday.
By Aubrey Rose Inosante
Read full article →Coverage Timeline
Related Stories
Oil Prices Surge Amid Middle East Tensions, Brent Crude at Three-and-a-Half-Year High
just now
Baguio electric coop to 4ps, poor consumers: Avail of lifeline subsidy
just now
LTFRB Approves Fare Hikes for Buses, Jeepneys, Airport Cabs, and TNVS
just now
Airfares to spike in April as CAB raises fuel surcharge
just now