INQToday: Peso sets record low finish of 60.69 vs dollar
Here’s a quick roundup of today’s top stories:
Peso sets record low finish of 60.69 vs dollar
The peso closes Monday, March 30, at a fresh record low, as mounting fears of a prolonged, full-scale war in the Middle East continue to fuel demand for the U.S. dollar.
Diesel up P12.50 per liter but no hike for gasoline
Motorists will catch a break from surging gasoline prices as a major oil firm announces no price movement this week. Diesel, however, continues to post double-digit increases.
Petron acquires 2.48M barrels of crude oil from Russia
Petron Corp., led by tycoon Ramon Ang, says it has acquired 2.48 million barrels of crude oil from Russia to boost its stockpile as the Middle East war continues to disrupt oil supply.
Number of Holy Week travelers likely to peak on Wednesday – PITX spox
The number of people traveling to their provinces for the Holy Week will likely peak on Wednesday, April 1, according to Parañaque Integrated Terminal Exchange spokesperson Jason Salvador.
PH, China ‘reset’ talks on sea tensions, oil
The Department of Foreign Affairs says the Philippines and China began to “reset” bilateral talks over the weekend, discussing maritime tensions as well as possible oil and gas exploration deals in the South China Sea.
