Philippine oil prices statistics
A long-term perspective on oil prices. Since oil prices peaked at $147 per barrel in 2008, it has been on a decade-long decline. It fell to the $30-$35 levels twice (2009 and 2016). The average value for Philippines during that period was 51.60 Philippine Peso with a minimum of 48.75 Philippine Peso on 24-Feb-2020 and a maximum of 53.69 Philippine Peso on 16-Dec-2019. For comparison, the average price of gasoline in the world for this period is 73.30 Philippine Peso. This statistic illustrates the domestic consumption of palm oil in the Philippines from 2011/2012 to 2017/2018 and provides a forecast for 2018/2019. In 2017/2018, palm oil consumption in the Philippines amounted to about 1.25 million metric tons. Oil Prices and Stock Market: A Philippine Perspective V AR model were simultaneously subjected to the lag-order selection statistics Both crude oil prices and stock market prices were Monthly OECD oil price statistics - Analysis and key findings. A report by the International Energy Agency. Monthly OECD oil price statistics - Analysis and key findings. A report by the International Energy Agency. Skip navigation. Countries. Find out about the world, a region, or a country. All countries On Oct 23, 2009, government imposed price ceilings in response to adverse weather events, forcing oil companies to lower prices back to the Oct 15 level. This led to early closure of some filling stations. The ceilings were lifted on Nov 16, on condition that the oil companies agree to implement discounts and stagger future price increases. Household stocks data are sourced from the Palay and Corn Stocks Survey (PCSS) of the Philippine Statistics Authority (PSA). Updates on Palay, Rice and Corn Prices, February 2020 (Week 4) This price update shows the situation and the weekly and monthly prevailing farmgate, wholesale and retail prices of palay, rice and corn.
On Oct 23, 2009, government imposed price ceilings in response to adverse weather events, forcing oil companies to lower prices back to the Oct 15 level. This led to early closure of some filling stations. The ceilings were lifted on Nov 16, on condition that the oil companies agree to implement discounts and stagger future price increases.
Fuel Price Data Observation Year 2014 Fuel Price Data Observation Price 47.055 Local Currency Fuel Price Data Observation Fuel Type Super Gasoline Diesel prices: We show prices for Philippines from 02-Dec-2019 to 09-Mar-2020. The average value for Philippines during that period was 41.66 Philippine Peso with a minimum of 37.97 Philippine Peso on 09-Mar-2020 and a maximum of 44.90 Philippine Peso on 13-Jan-2020. For comparison, the average price of diesel in the world for this period is 67.36 Philippine Peso. The Philippines have quite a stable economy, and except for the year 2011, when the growth rate of its GDP reached only 3.66 percent compared to the previous year, the real GDP growth seems solid The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) Basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Oil Prices 1946-Present. The first table shows the Annual Average Crude Oil Price from 1946 to the present. Prices are adjusted for Inflation to January 2020 prices using the Consumer Price Index (CPI-U) as presented by the Bureau of Labor Statistics.. Note: Since these are ANNUAL Average prices they will not show the absolute peak price and will differ slightly from the Monthly Averages in Philippines’s Oil Consumption data is updated yearly, averaging 254.757 Barrel/Day th from Dec 1965 to 2018, with 54 observations. The data reached an all-time high of 465.965 Barrel/Day th in 2018 and a record low of 84.587 Barrel/Day th in 1965.
Fuel Price Data Observation Year 2014 Fuel Price Data Observation Price 47.055 Local Currency Fuel Price Data Observation Fuel Type Super Gasoline
Atlas Cons. Mining and Dev't Corp. 1.81 (0.56%), 1.8, 3.28 (81.22%), 1.8, 30.167. In the long-term, the Philippines Gasoline Prices is projected to trend around 0.84 USD/Liter in 2020, according to our econometric models. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, Looking forward, we estimate Crude Oil Production in Philippines to stand at 30.00 in 12 months time. In the long-term, the Philippines Crude Oil Production is projected to trend around 30.00 BBL/D/1K in 2021, according to our econometric models. Oil Monitor as of 23 July 2019. WORLD OIL PRICES (July 15-19, 2019 trading days) Dubai crude has decreased week-on-week by almost US$1.00 per barrel. MOPS gasoline and diesel have also decreased per barrel by around US$0.50 and US$0.25, respectively. Philippines Oil Consumption is at a current level of 465.97K, up from 459.04K one year ago. This is a change of 1.51% from one year ago.
Household stocks data are sourced from the Palay and Corn Stocks Survey (PCSS) of the Philippine Statistics Authority (PSA). Updates on Palay, Rice and Corn Prices, February 2020 (Week 4) This price update shows the situation and the weekly and monthly prevailing farmgate, wholesale and retail prices of palay, rice and corn.
The OPEC crude oil price is defined by the price of the so-called OPEC (Reference) Basket. This basket is an average of prices of the various petroleum blends that are produced by the OPEC members. Oil Prices 1946-Present. The first table shows the Annual Average Crude Oil Price from 1946 to the present. Prices are adjusted for Inflation to January 2020 prices using the Consumer Price Index (CPI-U) as presented by the Bureau of Labor Statistics.. Note: Since these are ANNUAL Average prices they will not show the absolute peak price and will differ slightly from the Monthly Averages in Philippines’s Oil Consumption data is updated yearly, averaging 254.757 Barrel/Day th from Dec 1965 to 2018, with 54 observations. The data reached an all-time high of 465.965 Barrel/Day th in 2018 and a record low of 84.587 Barrel/Day th in 1965. A long-term perspective on oil prices. Since oil prices peaked at $147 per barrel in 2008, it has been on a decade-long decline. It fell to the $30-$35 levels twice (2009 and 2016). The average value for Philippines during that period was 51.60 Philippine Peso with a minimum of 48.75 Philippine Peso on 24-Feb-2020 and a maximum of 53.69 Philippine Peso on 16-Dec-2019. For comparison, the average price of gasoline in the world for this period is 73.30 Philippine Peso. This statistic illustrates the domestic consumption of palm oil in the Philippines from 2011/2012 to 2017/2018 and provides a forecast for 2018/2019. In 2017/2018, palm oil consumption in the Philippines amounted to about 1.25 million metric tons.
The average value for Philippines during that period was 41.94 Philippine Peso with a minimum of 40.79 Philippine Peso on 01-Jul-2019 and a maximum of 44.14 Philippine Peso on 23-Sep-2019. For comparison, the average price of diesel in the world for this period is 68.89 Philippine Peso.
Headlines on the outlook for LPG Power Generation in the Philippines: Strong economic growth, limited natural gas infrastructure in most areas, high energy prices GDP, Population, Crude oil price,. Exchange rate, Inflation rate, Power supply plan. World energy demand estimation models (model for economic analysis of 7 Jan 2020 The Philippines' inflation accelerated to 2.5 percent in December 2019, to 2.5 percent, the Philippine Statistics Authority (PSA) said on Tuesday. the impact of typhoons and rising oil prices recorded during the month," PSA Atlas Cons. Mining and Dev't Corp. 1.81 (0.56%), 1.8, 3.28 (81.22%), 1.8, 30.167. In the long-term, the Philippines Gasoline Prices is projected to trend around 0.84 USD/Liter in 2020, according to our econometric models. Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, Looking forward, we estimate Crude Oil Production in Philippines to stand at 30.00 in 12 months time. In the long-term, the Philippines Crude Oil Production is projected to trend around 30.00 BBL/D/1K in 2021, according to our econometric models. Oil Monitor as of 23 July 2019. WORLD OIL PRICES (July 15-19, 2019 trading days) Dubai crude has decreased week-on-week by almost US$1.00 per barrel. MOPS gasoline and diesel have also decreased per barrel by around US$0.50 and US$0.25, respectively.
Looking forward, we estimate Crude Oil Production in Philippines to stand at 30.00 in 12 months time. In the long-term, the Philippines Crude Oil Production is projected to trend around 30.00 BBL/D/1K in 2021, according to our econometric models. Oil Monitor as of 23 July 2019. WORLD OIL PRICES (July 15-19, 2019 trading days) Dubai crude has decreased week-on-week by almost US$1.00 per barrel. MOPS gasoline and diesel have also decreased per barrel by around US$0.50 and US$0.25, respectively. Philippines Oil Consumption is at a current level of 465.97K, up from 459.04K one year ago. This is a change of 1.51% from one year ago. Household stocks data are sourced from the Palay and Corn Stocks Survey (PCSS) of the Philippine Statistics Authority (PSA). Updates on Palay, Rice and Corn Prices, February 2020 (Week 4) This price update shows the situation and the weekly and monthly prevailing farmgate, wholesale and retail prices of palay, rice and corn. Fuel Price Data Observation Year 2014 Fuel Price Data Observation Price 47.055 Local Currency Fuel Price Data Observation Fuel Type Super Gasoline