Manila Times Business
How First Circle can help Filipino businesses
THE global oil market is very sensitive. Problems such as wars, conflicts and disagreements in countries where oil is produced can affect supply. Tensions in the Middle East, one of the world’s major oil-producing regions, have adversely affected global supply. When oil production or the transportation sector faces problems, prices can rise quickly. The Philippines imports most of its fuel from other countries so when global oil prices increase, the impact is also felt locally. Transportat
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Source: manilatimes.net
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