News and Events

Published: 02 April 2024

Source: DOE Website WORLD OIL PRICES (March 25-29, 2024, trading days) The week-on-week price of Dubai crude has decreased by almost $0.20 per barrel. The…

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Published: 17 March 2024

Source: DOE Website WORLD OIL PRICES (March 4-8, 2024, trading days) The week-on-week price of Dubai crude has increased by around $1.00 per barrel. On…

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Published: 19 July 2023

Source: DOE Website WORLD OIL PRICES (July 10-14, 2023, trading days) The week-on-week price of Dubai crude has increased by around $3.80/bbl. MOPS gasoline, diesel…

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Published: 16 May 2023

Source: DOE Website WORLD OIL PRICES (May 1-5, 2023, trading days) The week-on-week price of Dubai crude has decreased by around $5.50/bbl. MOPS prices of…

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Published: 16 May 2023

Present during the meeting are members of the PIP WISE Committee and MTSC officers, namely (from left to right): 1st row- MTSC President and Director…

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Published: 26 April 2023

Source: DOE Website WORLD OIL PRICES (April 17-21, 2023 trading days) The week-on-week price of Dubai crude has decreased by around $2.20/bbl. MOPS prices of…

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Published: 12 February 2023

Source: DOE Website WORLD OIL PRICES (January 30-February 03, 2023 trading days) The week-on-week price of Dubai crude has decreased by almost $2.10/bbl. MOPS gasoline,…

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Published: 16 December 2022

Source: DOE Website WORLD OIL PRICES ((November 29-December 2,2022 trading days) The week-on-week price of Dubai crude has decreased by almost $0.70/bbl. MOPS gasoline, diesel…

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Published: 05 October 2022

Source: DOE Website WORLD OIL PRICES (September 19-23, 2022 trading days) The week-on-week price of Dubai crude has decreased by around $1.80/bbl. MOPS gasoline has…

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Published: 14 September 2022

Source: DOE Website WORLD OIL PRICES (August 29-September 02, 2022 trading days) MOPS gasoline has also decreased by about $9.00 per barrel as well as…

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Published: 07 July 2022

Source: DOE Website WORLD OIL PRICES (June 27-July 01, 2022 trading days) The week-on-week price of Dubai crude has increased by about $3.45/bbl. On the…

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Published: 18 April 2022

Source: DOE Website WORLD OIL PRICES (April 4-8,2022 trading days) Dubai crude has decreased week-on-week by roughly US$6.00/bbl. MOPS gasoline and MOPS diesel have both…

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Published: 06 April 2022

Source: DOE Website WORLD OIL PRICES (March 28-April 1,2022 trading days) Dubai crude has decreased week-on-week by roughly US$ 4.50/bbl. MOPS gasoline and MOPS diesel…

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Published: 06 January 2022

Source: DOE Website WORLD OIL PRICES (December 27-31, 2021 trading days) Dubai crude has increased week-on-week by almost US$4.75/bbl. Both MOPS gasoline and MOPS diesel…

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Published: 25 October 2021

Source: DOE Website WORLD OIL PRICES (October 11-15, 2021 trading days) Dubai crude has increased week-on-week by almost US$3.00/bbl. MOPS gasoline and MOPS diesel have also…

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Published: 25 October 2021

A number of House Bills (HB4550, HB4711, HB5172 and HB7928) have been filed in Congress that intends to repeal or amend certain provision of the…

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Published: 25 October 2021

Technology Solution Retail Outlets (TSRO), are commonly known as Fuel Vending Machines that addresses the fuel requirement of locations certified by LGU’s to be catered…

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Published: 04 August 2021

Source: DOE Website   WORLD OIL PRICES (July 26-30, 2021 trading days) Dubai crude has increased week-on-week by around US$2.00/bbl.  MOPS gasoline and MOPS diesel have also…

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Published: 05 July 2021

Source: DOE Website WORLD OIL PRICES (June 21-25, 2021 trading days) Dubai crude has increased week-on-week by around US$1.00/bbl. MOPS gasoline and diesel have also…

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Published: 09 June 2021

Source: DOE Website WORLD OIL PRICES (May 31-June 4, 2021 trading days) Dubai crude has increased week-on-week by almost US$2.40/bbl. MOPS gasoline and diesel have…

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Published: 03 May 2021

Source: DOE Website WORLD OIL PRICES (April 19-23, 2021 trading days) Dubai crude has increased week-on-week by almost US$1.00/bbl. Both MOPS gasoline and MOPS diesel…

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Published: 06 April 2021

Source: DOE Website WORLD OIL PRICES (March 29-April 02, 2021 trading days) Dubai crude has increased week-on-week by about US$0.60/bbl. Both MOPS gasoline and MOPS…

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Published: 31 March 2021

Source: DOE Website WORLD OIL PRICES (March 22-26, 2021 trading days) Dubai crude has decreased week-on-week by about US$3.50/bbl. Both MOPS gasoline and MOPS diesel…

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Published: 15 March 2021

Source: DOE Website WORLD OIL PRICES (March 1-5, 2021 trading days) Dubai crude has decreased week-on-week by almost US$0.20/bbl. Both MOPS gasoline and MOPS diesel…

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Published: 17 February 2021

Source: DOE Website WORLD OIL PRICES (February 8-12, 2021 trading days) Dubai crude has increased week-on-week by almost US$3.00/bbl. Both MOPS gasoline and MOPS diesel…

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Published: 28 January 2021

Source: DOE Website WORLD OIL PRICES (January 18-22, 2021 trading days) Dubai crude has decreased week-on-week by almost US$0.50/bbl. Both MOPS gasoline  and MOPS diesel…

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Published: 18 January 2021

Source: DOE Website WORLD OIL PRICES (January 4-8, 2021 trading days) Dubai crude has increased week-on-week by around US$2.00/bbl. MOPS gasolineand MOPs diesel have also…

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Published: 30 October 2020

Source: https://www.doe.gov.ph/oil-monitor WORLD OIL PRICES (October 19-23, 2020 trading days) Dubai crude has increased week-on-week by a little of US$0.03/bbl. On the contrary MOPS gasoline…

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Published: 30 October 2020

The Mutual Aid for Response to Emergencies & Incidents Exercise/Drill aims to assess effectiveness of Mutual Aid Central Committee (MACC) procedure in terms of responding…

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Published: 16 September 2020

WORLD OIL PRICES (September 7- 11, 2020 trading days) Dubai crude has decreased week-on-week by about US$4.50/bbl. Both MOPS gasoline and MOPS diesel have also…

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Published: 11 August 2020

Enacted into Law on 19 December 2017 and took effect 01 January 2018, the Tax Reform for Acceleration and Inclusion (TRAIN Act)  generally, was established…

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Published: 11 August 2020

The Philippines having been a signatory to the International Maritime Organization’s (IMO) directive on October 2017 under the terms of the IMO’s MARPOL Annex VI…

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Published: 11 August 2020

The Philippine government through the Department of Finance (DOF) launched the Fuel Marking Program in August 2019 in aim to combat oil smuggling in the…

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Published: 11 August 2020

The Philippine Institute of Petroleum (PIP) changes leadership as its Board of Trustees acknowledge the dedication and service of its incumbent Executive Director, Mr. Teodoro…

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Published: 11 August 2020

WORLD OIL PRICES (July 27-31, 2020 trading days) Source: Department of Energy Website Dubai crude has decreased week-on-week by almost US$0.50/bbl. Both MOPS gasoline and diesel…

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Published: 11 August 2020

In 2006, Republic Act 9357 or the BIO FUELS ACT OF 2006 was enacted to “Direct the use of Bio Fuels, and establishing the Philippine…

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