Demand for petroleum products in the Philippines has been on the rise, expanding by 4.5 percent in the first half of the year while imports surged by 19.5 percent on declining production by local oil refiners, data from the Department of Energy (DOE) showed.
Based on the DOE data, demand for petroleum products reached 87.790 million barrels in the first half this year versus 83.977 million barrels in the same period last year.
