Oil Price Watch

**Monseratto** · May 14th, 2011 04:26 PM

Down 43 nalang diesel kanina sa may seaoil EDSA-Quezon Avenue...

http://www.bworldonline.com/content.php?id=31296

Total and Seaoil roll back fuel, increase price of LPG
Posted on May 13, 2011 07:03:33 PM

Total (Philippines), Inc. and Seaoil Philippines, Inc. will roll back prices of its fuel products but increase prices of cooking gas on Saturday.

Both companies said it will decrease prices of diesel by P2 per liter, kerosene and unleaded gasoline by P1.50/liter and regular gasoline by P1/liter.

They will, however, increase prices of liquefied petroleum gas by P1 per kilogram.

Monitoring from the Department of Energy (DoE) from last week showed diesel prices ranged from P46.75/liter to P48.75/liter with a common price of P48.20/liter. Gasoline prices ranged from P55.35/liter to P61.62/liter with a common price of P58.35/liter.

This is only the fifth price decrease since the start of the year compared to the 14 pump price increases. Gasoline prices have now increased to a total of P9.75/liter with the recent rollback while diesel prices have increased P7.45/liter.

Cooking gas prices on the other hand have risen seven times and rolled back twice since the start of the year.

The Liquefied Petroleum Gas Marketers’ Association (LPGMA) decreased prices earlier this week.

Contract prices of LPG at the beginning of the month were at $980 per metric ton.

Prices of cooking gas have increased P5.50/kg since the start of the year.

Prices of LPG range from P719 to P780 for an 11-kg tank. -- Emilia Narni J. David

**birdpoop** · May 14th, 2011 11:40 PM

FB status ni TopGear 5 hours ago:

Oil price advisory: We are pleased to advise that Shell will ROLL BACK diesel by P2.00/L, unleaded gasoline by P1.75/L, and regular gasoline by P1.25/L to its dealers to reflect the decline in international product prices effective 12:01am on May 15.

**meledson** · May 14th, 2011 11:43 PM

medyo magandang balita iyan. :D

**sugarkane** · May 15th, 2011 12:55 AM

Hirap na naman humanap ng parking

**birdpoop** · May 15th, 2011 01:11 AM

...at hihirap pa lalo kasi:

Effective 12:01am May 15, Chevron (formerly Caltex) Philippines will DECREASE diesel by P2.00/L; Gold, Gold E10, Silver and Silver E10 by P1.75/L; and regular by P1.25/L (all VAT inclusive).

- TGP

**Ry_Tower** · May 15th, 2011 01:41 AM

hmmm, pareho rollback ng Shell at Chevron sa Diesel, susunod na Petron *P2. hehehe

But good news talaga!

**Monseratto** · May 15th, 2011 10:06 AM

Biglang tumahimik yung mga militant jeepney groups...may fuel subsidy sila, tapos double rollback pa.

**Ry_Tower** · May 15th, 2011 11:07 AM

Originally Posted by Monseratto

Biglang tumahimik yung mga militant jeepney groups...may fuel subsidy sila, tapos double rollback pa.

hehe, nice observation sir, tuwang-tua siguro dahil may addt'l pang-toma sila!

**Monseratto** · May 17th, 2011 07:57 AM

Susunod ba yung Big Three?

http://www.abs-cbnnews.com/business/...ls-back-prices

SEAOIL rolls back prices
abs-cbnNEWS.com
Posted at 05/16/2011 11:24 PM | Updated as of 05/16/2011 11:24 PM

MANILA, Philippines - Small oil player SEAOIL Philippines, Inc. announced on Monday that it will roll back the prices of its fuel products.

SEAOIL will roll back prices on premium and unleaded gasoline by P1.75 per liter (from P1.50 per liter), and regular gasoline by P1.25 per liter (from P1 per liter).

The rollback of P2 per liter on diesel and kerosene previously implemented will be maintained, the company said.

This is to reflect price movements in the petroleum market, it added.

The price adjustments will take effect 12:01 a.m. Tuesday.

**Ry_Tower** · May 17th, 2011 09:32 AM

^ aba dapat lang. nasa $80 range na lag oil eh. Grabe and mga speculators ano, they do significantly affect the roice of oil kahit na hindi aman sila nagproproduce. tsk tsk tsk.

**uls** · May 17th, 2011 10:56 AM

^^^

$80?

brent is $110, wti is $97

**renzo_d10** · May 17th, 2011 11:25 AM

yes! so may chance na bumaba yun gas from 56 -> 54/L :banana1:

sana bumalik na siya sa 40-49/L range. :cry: Para yung 500 eh 10L na rin

so *uls, bababa kaya ng ganun yun?

**badsekktor** · May 17th, 2011 11:25 AM

bakit nga pala bumababa ang presyo ng oil? ambilis ng drop ah!

**uls** · May 17th, 2011 12:07 PM

Originally Posted by renzo_d10

yes! so may chance na bumaba yun gas from 56 -> 54/L :banana1:

sana bumalik na siya sa 40-49/L range. :cry: Para yung 500 eh 10L na rin

so *uls, bababa kaya ng ganun yun?

i think there's little downside pressure left on oil price

laki na ng binaba eh

**uls** · May 17th, 2011 12:11 PM

Originally Posted by badsekktor

bakit nga pala bumababa ang presyo ng oil? ambilis ng drop ah!

lumakas ang dollar (or humina ang euro. depends on how u look at it)

specs were driven out of commodities (silver actually) coz of margin calls. specs were forced to sell positions in other bets (like oil) to raise cash

fundamentals -- demand destruction

**Ry_Tower** · May 17th, 2011 04:54 PM

Originally Posted by uls

^^^

$80?

brent is $110, wti is $97

Baka yung narinig ko eh yung actual production cost... tapos due to speculation kaya mas mataas dyan.

**Ry_Tower** · May 17th, 2011 05:01 PM

http://oil-price.net/en/articles/oil...wn-for-now.php

Been reading this lately. Hopefully it will help me learn more about world economy as well since its one of thee biggest commodity out there.

**renzo_d10** · May 18th, 2011 10:23 PM

Hindi pa pala sumunod ang Big 3 sa rollback ng Seaoil. Just gassed up 10L of Shell Premium a while ago. P56.75/L pa rin.

**uls** · May 19th, 2011 01:42 AM

WTI back above 100

**renzo_d10** · May 20th, 2011 05:50 PM

Bababa daw yung Flying V ng P2/L sa gas & .30/L sa Diesel.

Expected daw na sumunod na ang ibang gas stations

The Largest Car Forum in the Philippines

Oil Price Watch

Thread Tools

Search Thread

Display