SINGAPORE: Oil prices ended the year below 40 dollars Wednesday in Asian trade after a tumultuous 2008 which saw prices hit record peaks before plunging to multi-year lows.
New York’s main futures contract, light sweet crude for February delivery, fell 62 cents to 38.41 dollars a barrel in afternoon trade after falling 99 cents to 39.03 dollars on Tuesday at the New York Mercantile Exchange.
Brent North Sea crude for February delivery fell 65 cents to 39.50 dollars a barrel after shedding 40 cents to 40.15 on Tuesday in London.
Prices soared in the first half of the year, reaching record highs above 147 dollars a barrel in July, before a sharp global economic downturn slashed world demand for energy and pulled prices sharply lower. New York crude plunged earlier this month to below 33 dollars, its lowest point for almost five years.
June 2025
Philippine Environment Month!
“Action for Nature, for the Future!”
Invoke Article 33 of the ILO Constitution
against the military junta in Myanmar
to carry out the 2021 ILO Commission of Inquiry recommendations
against serious violations of
Forced Labour and Freedom of Association protocols.
Accept National Unity Government (NUG)
of Myanmar. Reject Military!
#WearMask #WashHands #Distancing #TakePicturesVideosturesVideos
Monthly Observances:
1 Jun – World Day of Parents
5 Jun – World Environment Day
7 Jun – World Food Safety Day
8 Jun – World Oceans Day
12 Jun – World Day Against
Child Labour
15 Jun – World Elder Abuse Awareness Day
16 Jun – International Day of Family Remittances
17 Jun – World Day to Combat Desertification and Drought
20 Jun – World Refugee Day
25 Jun – Day of the Seafarer
27 Jun – Micro-, Small and Medium-sized Enterprises Day
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
