Oil Price Watch

[CVT]

Laki ng increase next week

Good day watchers, price is still up, inevitable increase next week. Tentative MOPS movement for October 5, 2021.

As of October 1, 2021

Gasoline: Increase +P1.40
Diesel: Increase +P2.00

DISCLAIMER: Price is subject to change depending on world market trends


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Thanks for this bro....

Also received a heads-up last night... Oh well....

[111prez]

Bigtime oil price hike next week

[dr. d]

Bigtime oil price hike next week

because we have several cars that we rotate using,
it is tempting to fill up before the big increase.
but i will not.
the way it is with our cars, baka ma-panis lang ang fuels...
"let us not be greedy."
heh heh.

[uls]

laki ng taas ng diesel

looks like nag spillover ung global shortage ng natgas and coal for power generation

gumagamit na din ng diesel

[jakewise]

Looks like another price hike for the coming week and the weeks ahead . .

[StockEngine]

Looks like another price hike for the coming week and the weeks ahead . .

Bidenflation.... he let the OPEC+ run loose...

[uls]

haven't seen wti at 80 in a long time

[jakewise]

haven't seen wti at 80 in a long time

And it seems to still go higher


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[crazy_boy]

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[Yatta]

Anyone noticed kapag ECQ sa NCR, timing na ibababa ang pump prices then timing lagi na tapos na ang lockdown biglang taas?

[dr. d]

Anyone noticed kapag ECQ sa NCR, timing na ibababa ang pump prices then timing lagi na tapos na ang lockdown biglang taas?

... i did not notice.

[uls]

Anyone noticed kapag ECQ sa NCR, timing na ibababa ang pump prices then timing lagi na tapos na ang lockdown biglang taas?

mas solid ang correlation ng galaw ng int'l oil prices sa galaw ng local pump prices

[111prez]

Another bigtime oil price hike next week

[Monseratto]

Diesel is already 50 sa Amin. V power is 62...

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[StockEngine]

And it seems to still go higher


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80$ to 90$ .... this eventually happen. #FJB

[uls]

Oct 3

laki ng taas ng diesel

looks like nag spillover ung global shortage ng natgas and coal for power generation

gumagamit na din ng diesel

this week mas mataas uli ang price increase sa diesel kesa gasoline

below confirms my theory that increased demand for middle distillates (diesel, gasoil) for power generation is driving up the price of diesel much more than gasoline

[uls]

demand for diesel

[jakewise]

demand for diesel

Any idea why the Chinese have that crisis?


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[ice15]

Any idea why the Chinese have that crisis?


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Explainer | China’s power crisis: why is it happening, how bad is it, and what if it continues into the freezing winter months? | South China Morning Post

[uls]

2/3 of power generation in china is coal

there's a price spike in coal in china (same with price spike in natgas in europe)

coz of "decarbonization" the gov't imposed production cap sa domestic coal mining

so kumonte ang coal while power demand increased --> price of coal tumaas

another thing is china power plants sell power at regulated prices

so they have rising cost pero di sila pwede magtaas ng presyo

so either they stop generating power or keep supplying power at a loss

-

that's what happens pag pinilit mo ung going green pero wala ka back up plan

same thing sa europe

masyado nag rely sa wind power

pero mahina hangin... so need more natgas