President Marcos: Philippines crude oil enough until June 30Marcos made the remark on the sidelines of the opening of the new NAIAX off-ramp to Terminal 3 in Pasay yesterday. MANILA, Philippines — The country has enough supply of crude oil until June 30, President Marcos has assured the public. As for jet fuel, Garin said major carriers like Philippine Airlines and Cebu Pacific have “increased their level of inventory.” The challenge, she said, is the price tag for jet fuel. Jet fuel prices have risen faster than the global benchmark Brent crude. Philippine Airlines and Cebu Pacific said they currently have enough jet fuel supply, but they are cutting back trips to save costs.

Source: Philippine Star March 27, 2026 19:01 UTC