Prevailing Retail Prices of Petroleum Products in Southern Luzon as of February 11, 2021

Weekly prevailing prices of LPG 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 09-11, 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 09-11, 2021.

Price advisory from different oil companies implemented an increase in all products, P0.85/liter in gasoline, P1.00/liter in kerosene, and P1.10/liter  in diesel.

Prevailing Retail Prices of Petroleum Products in Mindanao as of February 09, 2021

WORLD OIL PRICES (February 1-5, 2021 trading days)

Dubai crude has increased week-on-week by almost US$2.30/bbl. Both MOPS gasoline and MOPS diesel have also increased by around US$2.50 and US$3.00 per barrel, respectively.

Reasons for the Adjustment