VIENNA — The price of oil is rallying as OPEC countries discuss how to cut the cartel’s production levels and support the market. The international benchmark for crude oil, Brent, was up $2.37 at $48.75 a barrel…
The Department of Energy (DOE) has asked oil players in Mindanao to explain the unusually huge reduction in their gasoline prices, warning this may eventually qualify them for “anticompetitive behavior.” The DOE was referring to the move…
