Oil Price Watch

[crazy_boy]

Hope to see diesel go below 40s next week...

below 40s na diesel sa independent players.

[renzo_d10]

Hindi naman nagbaba yung Shell, 50.45 pa rin.

[frequenzy]

kakafulltank ko lang kanina sa petron, 40.15 ang diesel nila.

[shadow]

shell should be investigated, I don't know if anyone noticed..they were the first one to announced the rol back but P1.+ lang, then yun hinde sumunod yun ibang gas company at nag roll back sila ng P2+
Saka sila sumunod.

What's the status of their tax problem?


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[niky]

shell should be investigated, I don't know if anyone noticed..they were the first one to announced the rol back but P1.+ lang, then yun hinde sumunod yun ibang gas company at nag roll back sila ng P2+
Saka sila sumunod.

What's the status of their tax problem?


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Eh... di... fuel up somewhere else. :p

As long as there are players with lower prices, we will always have choices.

[uls]

US Energy Information Administration (EIA) decides to track Brent

what took them so long?

US EIA considers adding Brent prices to short-term oil price forecast - The Barrel

US EIA considers adding Brent prices to short-term oil price forecast
By Meghan Gordon on June 14, 2012 9:25 AM | No Comments | No TrackBacks

The US Energy Information Administration puts out a trove of data every month with its best estimates for short-term movements in price, supply and demand for oil, natural gas, coal and electricity. While the oil chapter looks at worldwide supply and demand, it restricts the pricing forecasts to West Texas Intermediate crude, hardly a global picture.

Once a world benchmark, WTI has become in the past two years more of a barometer for pipeline capacity in the middle of the US than a reflection of global oil prices. Brent crude has played that role instead.

The new head of EIA apparently wants to correct that limitation in the short-term outlooks.

Adam Sieminski, Deutsche Bank's former chief energy economist, took the top job at EIA on June 4. In his first conference call with energy reporters this week, he let slip that we might soon see Brent prices added to the short-term energy report.

"We still think WTI will average close to $97/barrel next year and--although we don't have an official Brent price forecast; I'm looking into that--I think Brent will probably average about $10 higher than WTI next year," Sieminski said.

After the call, EIA economist Tancred Lidderdale confirmed that his team, which writes the short-term outlook, wanted to do exactly that.

"We are working on adding a Brent price forecast, but can't say definitely when yet," he said. "But hopefully next month."

[pop3corn]

shell should be investigated, I don't know if anyone noticed..they were the first one to announced the rol back but P1.+ lang, then yun hinde sumunod yun ibang gas company at nag roll back sila ng P2+
Saka sila sumunod.

What's the status of their tax problem?


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matagal ko na napapansin ang ginagawa ng shell na yan. kaya dun na ako sa petron. at least petron is filipino, kababayan

[Zeus]

Nagpakarga ako ng diesel sa Uni-oil last week, P39.50 per liter na lang, baka bumaba pa next week

[crazy_boy]

Oil companies slash pump prices | ABS-CBN News

Oil companies slash pump prices
By Alvin Elchico, ABS-CBN News
Posted at 06/18/2012 6:57 PM | Updated as of 06/18/2012 7:22 PM

MANILA, Philippines (2ND UPDATE) - Several oil companies announced an oil price rollback effective 12:01 a.m., June 19.

The companies said the price cuts reflected movements in the international oil market.

Prices of Petron products will be lowered by P1.20/liter for Blaze 100, XCS, and Xtra; P1.10/liter for Pinoy and regular gasoline; P0.50/liter for Turbo Diesel and DieselMax; and P0.35/liter for kerosene and Jet A-1.

Eastern Petroleum said it is cutting pump prices by P1.20/liter for all premium and unleaded gasoline and Xtra; P1.10/liter for regular gasoline; P0.50/liter for diesel and P0.35/li for kerosene.

Chevron is also reducing the prices of its products as follows: Gold and Silver by P1.20/liter, regular by P1.10/liter, diesel by P0.50/liter and kerosene by P0.35/liter.

For Shell, the prices of its oil products will be slashed as follows: P1.20/liter for unleaded, Shell Fuel Save, V-Power Nitro+, V-Power Nitro+ Racing; P0.35 for kerosene; P0.50 for Shell Fuel Save Diesel, V-Power+Diesel; and P1.10 for regular.

SEAOIL said it will lower the prices of its premium and unleaded gasoline by P1.20/liter; regular gasoline by P1.10/liter; diesel by P0.50/liter, and kerosene by P0.35/liter.





ayan na. may rollback ulit

[Monseratto]

The militants are very quiet...dapat i-rollback na rin ang PAMASAHE!

[EE100shiro]

7 pesos

[Ry_Tower]

Oil companies slash pump prices | ABS-CBN News

Oil companies slash pump prices
By Alvin Elchico, ABS-CBN News
Posted at 06/18/2012 6:57 PM | Updated as of 06/18/2012 7:22 PM

MANILA, Philippines (2ND UPDATE) - Several oil companies announced an oil price rollback effective 12:01 a.m., June 19.

The companies said the price cuts reflected movements in the international oil market.

Prices of Petron products will be lowered by P1.20/liter for Blaze 100, XCS, and Xtra; P1.10/liter for Pinoy and regular gasoline; P0.50/liter for Turbo Diesel and DieselMax; and P0.35/liter for kerosene and Jet A-1.

Eastern Petroleum said it is cutting pump prices by P1.20/liter for all premium and unleaded gasoline and Xtra; P1.10/liter for regular gasoline; P0.50/liter for diesel and P0.35/li for kerosene.

Chevron is also reducing the prices of its products as follows: Gold and Silver by P1.20/liter, regular by P1.10/liter, diesel by P0.50/liter and kerosene by P0.35/liter.

For Shell, the prices of its oil products will be slashed as follows: P1.20/liter for unleaded, Shell Fuel Save, V-Power Nitro+, V-Power Nitro+ Racing; P0.35 for kerosene; P0.50 for Shell Fuel Save Diesel, V-Power+Diesel; and P1.10 for regular.

SEAOIL said it will lower the prices of its premium and unleaded gasoline by P1.20/liter; regular gasoline by P1.10/liter; diesel by P0.50/liter, and kerosene by P0.35/liter.





ayan na. may rollback ulit

Grabe naman kasi, 1 day lang $1.56 and decline sa brent crude. Parang biglang naglaho optimism sa Spain at Greece eh.

[rambo149]

sana bumaba pa atleast 40 pesos sa gasoline

[greenlyt]

yun presyo ng blaze parang presyo ng xtra unleaded dati

[uls]

quote ko lang sarili ko

from page 99 June 1, 2012

based on fundamentals the cost of producing a barrel of non-OPEC oil is around $100

the market knows it

so will market participants bring down the price of Brent below $100? well, probably

if speculators can bid $20 above fundamentals they can dump it $20 below fundamentals

$80 brent? pwede

PERO -- it's gonna hurt oil producers whose production cost is $100/barrel

ano gagawin nila? mag produce ng palugi? for a while maybe but not in the long run

so if they suspend production global supply will decrease... which will put a floor under Brent

the market has to figure out what that floor price is

so far it looks like $95 is the floor price



it keeps bouncing back when it hits $95

[CVT]

yun presyo ng blaze parang presyo ng xtra unleaded dati

Enjoy it while it lasts, bro...

15.9K:apple:

[boybi]

quote ko lang sarili ko

from page 99 June 1, 2012



so far it looks like $95 is the floor price



it keeps bouncing back when it hits $95

Brent just hit $94.91 a few minutes ago.

[Ry_Tower]

quote ko lang sarili ko

from page 99 June 1, 2012



so far it looks like $95 is the floor price



it keeps bouncing back when it hits $95

CRUDE OIL PRICE: Oil | Energy | Petroleum | Oil Price | Crude Oil Charts | Oil Price Forecast

seems like $95 is the floor price, bumaba nga ng century ark but so far sa price point na lang na yan talaga nag-aaverage brent. But i believe meron pa at least isang rollback if it remain at that price point.

[uls]

Brent just hit $94.91 a few minutes ago.

yup it did

Brent visited $94 kanina

[shadow]

Saan na mga Bwisit na leftist, dapat purihin nila govt this time dahil bumababa price kahit na alam natin walang connection govt sa price adjustment


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