Gaso and diesel
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Saudi Arabia raised the price of its heavy crude by 30 cents/barrel (for Asia)
Ilan na kaya ang ratio ng DIESEL VS GASOLINE engines
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there's a lot of light crude out there but less heavy crude (specially now that Venezuela's crude oil is disappearing from the market)
light crude yields more light distillates like naphtha, gasoline
heavy crude yields more middle distillates like diesel, aviation kerosene, fuel oil
downward price pressure on gas
upward price pressure on diesel
3pesos na lang difference sa seaoil. Desel doon 39.something. Tapos yung gaso 91RON eh 42.10. No discount card needed. Patayan dito sa erod, parts of quezon ave to espana.
The rest of metro manila ang gaso 47, 48, 50. You need discount card para less 3 to 5 for gaso.
If malapit kau sa Cainta, sa Felix ave kau magpa Gas, un 91 dun nasa P38.80 lang. Magkakatabi dun un PetroGazz, Metro Oil, Boss, Rephil at may isa pa. Hindi matapatan ng Big3 un mga small players sa area na yan.
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check out Dubai oil price
it's now higher than Brent
Dubai crude usually trades at a discount to Brent
--
Dubai crude is medium/heavy sour crude
proof that supply of medium/heavy crude is tight
OPEC cuts are mainly medium/heavy
Iran is medium/heavy, Venezuela is heavy
Last edited by uls; February 8th, 2019 at 10:39 AM.
The only explanation I can find
An improvement in gasoline crack spread
Refiners losing less money on gasoline
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Bakit tataas next week eh bumaba sa world market?
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Mas mataas gas kaysa diesel....
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nabulaga ako doon ah. Dahil ba yan mas dumami demand sa LPG for their heater needs.
meron pa rin naman dito sa amin na mas mura kumpara sa manila ang diesel price (less 1 peso pa yan).
isang option sa mga tsikoteers na may planong magbiyahe papuntang norte... Phoenix gas station ito ng Bauang LU. pinakiusapan daw na iparehas ang presyo nila sa mga kalapit gas stations pero di sila bumigay[emoji4]
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