DOE sees ‘no signs’ oil prices will fall as excise tax relief goes on table

🌐 Rappler (PH) —
DOE sees ‘no signs’ oil prices will fall as excise tax relief goes on table

AI Summary

The Philippines Department of Energy certified that Dubai crude oil prices averaged $99.41 per barrel recently. Energy Secretary Sharon Garin anticipates possible oil price increases despite excise tax relief discussions.

'Let’s brace ourselves for possible increases pa rin,' Energy Secretary Sharon Garin says as the Department of Energy certifies that Dubai crude price averaged $99.41 per barrel from August 13 to September 11

Politics Markets Energy oil prices Department of Energy Dubai crude Philippines Sharon Garin excise tax

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