Market Brief
Philippines' Fuel Supply is Adequate, an Industrial Info Market Brief
The Department of Energy (DOE) in the Philippines has coordinated with oil companies in the country in ensuring the unimpeded supply of fuel products especially in areas under 30-day community quarantine, as part of efforts to control the spread of COVID-19. Oil companies are strictly observing the minimum inventory requirement and are still in operation. The country had enough fuel supply for 45 days as of February 29, according to the DOE.
Released Friday, March 20, 2020
The Department of Energy (DOE) in the Philippines has coordinated with oil companies in the country in ensuring the unimpeded supply of fuel products especially in areas under 30-day community quarantine, as part of efforts to control the spread of COVID-19. Oil companies are strictly observing the minimum inventory requirement and are still in operation. The country had enough fuel supply for 45 days as of February 29, according to the DOE.
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