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.
July 2025
Nutrition Month
“Give us much more than P50 increase
for proper nutrition!”
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
July
3 July – International Day of Cooperatives
3 July – International Plastic Bag Free Day
5 July – World Youth Skills Day
7 July – Global Forgiveness Day
11 July – World Population Day
17 July – World Day for International Justice
28 July – World Nature Conservation Day
30 July – World Day against Trafficking in Persons
Monthly Observances:
Schools Safety Month
Nutrition Month
National Disaster Consciousness Month
Weekly Observances:
Week 2: Cultural Communities Week
Micro, Small, and Medium Enterprise
Development Week
Week 3: National Science and
Technology Week
National Disability Prevention and
Rehabilitation Week
July 1-7:
National Culture Consciousness Week
July 13-19:
Philippines Business Week
Week ending last Saturday of July:
Arbor Week
Daily Observances:
First Saturday of July:
International Cooperative Day
in the Philippines
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