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Published on Friday, 11 October 2019
Industry Profile Background The passage of R.A. 8479 otherwise known as the "Downstream Oil Industry Deregulation Act of 1998" liberated and deregulated the country’s downstream oil industry to ensure a truly competitive market and an adequate and continuous supply of environmentally-clean... Read more |
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Published on Saturday, 24 March 2018
SUPPLY Inventory December 2017 actual crudes and petroleum products inventory closed at 20,363 thousand barrels (MB) or 46-day supply equivalent; 37 days for crude oil and products in country stocks and 9 days in-transit. This was lower by 1.8 percent from December 2016’s 20,742 MB. ... Read more |
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Published on Friday, 22 September 2017
SUPPLY Inventory June 2017 actual crudes and petroleum products inventory closed at 24,854 thousand barrels (MB) or 56-day supply equivalent; 37 days for crude oil and products in country stocks and 19 days in-transit. This was higher by 24.6 percent from June 2016 level of 19,953 MB. 1H 2017... Read more |