Prior Notice on Price Adjustments (thru text messages) as of February 22-23, 2021 [For Fuels]

WORLD OIL PRICES (February 15-19, 2021 trading days)

Dubai crude has increased week-on-week by around US$2.00/bbl. Both MOPS gasoline and MOPS diesel have also increased by about US$3.40 and US$2.45 per barrel, respectively.

Reasons for the Adjustment

Prevailing Retail Prices of Petroleum Products in Southern Luzon as of February 18, 2021

Weekly prevailing prices of Liquid Petroleum Products (LPP) in the cities of Cebu, Mandaue, Tagbilaran, Ormoc, Maasin, Tacloban, Dumaguete, Bacolod, Iloilo, Roxas, Calbayog, Catarman, and provinces of Siquijor, Guimaras, Biliran, Antique and Eastern Samar (Borongan and Guiuan).

This price monitoring covers the prices prevalent in the area based on calls to selected outlets during the period February 16-19, 2021.

Price advisory from different oil companies implemented an increase in all products, P0.75/liter in gasoline, P1.10/liter in kerosene, and P1.25/liter  in diesel.

Prevailing Retail Prices of Petroleum Products in NCR as of February 18, 2021

Date of Monitoring: February 16-17, 2021