Oil Price Watch

**Ry_Tower** · September 17th, 2011 10:44 AM

brace for an increase, tumataas na naman crude oil eh

**mahalay** · September 19th, 2011 06:25 PM

Originally Posted by crazy_boy

SEAOIL to slash pump prices for a day | ABS-CBN News | Latest Philippine Headlines, Breaking News, Video, Analysis, Features

Seaoil implements 1-day only P2 per liter rollback - Business - GMA News Online - Latest Philippine News

SEAOIL opens 200th station; sets one-day P2 rollback in oil products | Inquirer Business

Salamat pre, napadaan ako sa SeaOIL last friday night, nag pa full tank ako, totoo nga may discount na PHP2.00 per liter. :D :D :D

OT:

Sa SeaOIL lang ako nagpapakarga - kasi Euro5 ang diesel nila (I hope di sila nagsisinungaling).

**crazy_boy** · September 20th, 2011 10:59 AM

may rollback daw to reflect current world prices.

3 oil firms announce fuel price cuts Tuesday | Inquirer Business

Three oil firms are cutting fuel prices Tuesday to reflect movements in the global oil market week-on-week, and not because of the transport strike staged by a militant transport group on Monday.

Pilipinas Shell Petroleum Corp. slashed prices of unleaded premium gasoline by 20 centavos a liter, but raised prices of regular gasoline by 25 centavos a liter.

Eastern Petroleum implemented a bigger rollback of 50 centavos a liter, bringing the suggested retail price of its unleaded premium gasoline to P56.65 a liter from P57.15 a liter.

Responding to the moves by Eastern and Shell, Phoenix Petroleum Philippines said it would cut the pump price of gasoline by 20 centavos a liter effective at 6 a.m.

“This (price reduction) is reflective of the movement in international prices, which was partially affected by the weakening of the peso,” said Fernando Martinez, chair of Eastern Petroleum.

Martinez, also the chairman of the Independent Philippine Petroleum Companies Association, said that transport strikes had no impact on his group’s pricing decisions.

“The only determinant is the international price and the exchange rate. The very purpose of the deregulation of the industry is to make (oil) apolitical. We have a mature market by now and motorists no longer listen to the oil issues being shouted in the streets,” he said.

Martinez advised militant groups to highlight corruption and missing government funds which, he said, were a burden on the country.

“Indignation should be directed to the corruption. I would join them in their fight in the streets even,” he added.

Before today’s adjustments, prices of diesel ranged from P41.70 a liter to P44.30, while gasoline retailed for P51.90 a liter to P58.87 a liter.

As of Sept. 13, the year-to-date net increase in the price of gasoline was P7.60 a liter. It was P5.10 a liter for diesel.

Original posted: 9:57 pm | Monday, September 19th, 2011

**testament11** · September 20th, 2011 12:07 PM

Walang rollback sa diesel tapos 0.20 lang ang rollback sa unleaded. Pero may increase naman na 0.25 sa regular gasoline. So wala din, kumita pa rin sila :hammer:

**Ry_Tower** · September 22nd, 2011 11:26 AM

Continues pa decline ng brent crude oil ($110 na lang), sa weekend dapat meron pa uli price rollback

**crazy_boy** · September 22nd, 2011 11:30 AM

Originally Posted by Ry_Tower

Continues pa decline ng brent crude oil ($110 na lang), sa weekend dapat meron pa uli price rollback

sana nga mag roll back. pero hindi naman 25c lang.

**Ry_Tower** · September 22nd, 2011 11:53 AM

hehe, oo nga, tinipid eh tapos binawi pa!

**crazy_boy** · September 26th, 2011 02:08 PM

Brent Crude is at US$103.97 nalang. hmm ang tagal ng rollback.. haha

**kotiko** · September 26th, 2011 02:17 PM

I think I overheard sa news na "na-offset" daw ng low Peso value yung impending "rollback".

**niky** · September 26th, 2011 02:52 PM

With the current micro-global financial crisis thanks to fears about US recovery, our stock market is in free-fall and our currency is following suit. Don't expect any major rollbacks within the next few weeks, no matter how crude prices soften.

**shadow** · September 26th, 2011 03:00 PM

dapat parang sa US na lang tayo. "real time" ang adjustment. iba price sa umaga pag dating ng hapon kung meron adjustment gawin na

**niky** · September 26th, 2011 03:33 PM

Hah. With all the price controls and government intervention here, it'll be a massacre for stations that do that.

I think Shell was getting ready for such a thing when they started installing electronic price boards... probably thought better of it afterwards.

**oliver1013** · September 26th, 2011 03:44 PM

Hehe patigasan nalang talaga e, ako di nako lumalabas ng bahay, kung pwedeng sa telepono nalang transaksiyon isara sa telepono nalang..pag importante nalang saka lalabas

**Ry_Tower** · September 26th, 2011 04:34 PM

Originally Posted by kotiko

I think I overheard sa news na "na-offset" daw ng low Peso value yung impending "rollback".

hayzz ganun na nga!

**eld** · September 28th, 2011 01:45 PM

Applicable lang sa US ang real time adjustments because they sell in massive volumes. ano lang naman ba ang oil na kinukunsumo ng Pinas? patak lang kumpara sa kanila.

**Ry_Tower** · September 28th, 2011 04:41 PM

Brent crude still down, but Peso down as well. Hayzzz, malabo rollback sa weekend. http://www.bsp.gov.ph/statistics/sdds/exchrate.htm

**Monseratto** · October 2nd, 2011 08:50 PM

A little good news...

October 3 rollback
.by GMA News on Sunday, October 2, 2011 at 7:14pm.

Please see list of oil companies and their roll back rates for tomorrow, October 3.

Phoenix Petroleum (effective 6 am)

Gasoline by P1.20 per liter

Diesel by P1.00 per liter

Total (effective 6 am)

Unleaded & Premium gasoline by P1.20 per liter

Regular gas by P0.80 per liter

Diesel by P1.00 per liter

Chevron (effective 12:01am)

Gasoline by P1.20 per liter

Diesel by P1.00 per liter

Kerosene by P0.80 per liter

Flying V (effective 12:01am)

Diesel by P1 per liter

Gasoline by P1.30 per liter

Petron (effective 6:00am)

Gasoline by P1.20 per liter

Diesel by P1 per liter

Kerosene by P0.80 per liter

Unioil (effective 6am)

Gasoline by P1.20/liter

Diesel by P1/liter

Kerosene by P0.80/liter

Eastern Petroleum (effective 12:01am)

Gasoline by P1.20 per liter

Diesel and Kerosene by P1.00 per liter

Regular Gasoline by P0 .80/L per liter

Seaoil (effective 12:01am)

Gasoline by P1.20 per liter

Diesel by P1.00 per liter

Kerosene by P0.80 per liter

Shell (effective 12:01am)

Gasoline by P1.20 per liter

Diesel by P1 per liter

Kerosene by P0.80 per liter

.

**crazy_boy** · October 2nd, 2011 10:36 PM

Originally Posted by Monseratto

A little good news...

.

nagkataon lang siguro na pareho silang lahat ng rollback. siguro pareho din overhead nilang lahat at yung purchase cost at profit

**Ry_Tower** · October 3rd, 2011 10:32 AM

Originally Posted by crazy_boy

nagkataon lang siguro na pareho silang lahat ng rollback. siguro pareho din overhead nilang lahat at yung purchase cost at profit

Oo nga, pare-pareho pa ng tapyas. hehehe

Insult to our intellect!

**Ry_Tower** · October 4th, 2011 12:05 PM

Crude oil still going down. Expect some more rebates in the weekend if trend continues. :D

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