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SEAOIL PriceLOCQ app lets you lock in gas prices

Image credit: SEAOIL Philippines
Image credit: SEAOIL Philippines

Thanks to the new PriceLOCQ mobile app, SEAOIL Philippines retail customers can enjoy purchasing fuel at today’s prices, locking them in and gassing up at their preferred time.

SEAOIL has also introduced a fleet management solution called PriceLOCQ for Business. This allows companies to lock in the price while they are low, store the purchased fuel in their virtual tank, and refuel their fleet at SEAOIL even when gas prices are high.

“PriceLOCQ for Business is the only solution that allows businessmen to hedge against fuel prices — that is to lock in fuel prices when they are low and redeem at SEAOIL when prices go up,” said SEAOIL Philippines CEO Glenn L. Yu in a press statement.

Addressing new normal

SEAOIL Philippines CEO Glenn L. Yu says the company is responding to the pandemic by continuing to innovate. Image credit: SEAOIL Philippines
SEAOIL Philippines CEO Glenn L. Yu says the company is responding to the pandemic by continuing to innovate. Image credit: SEAOIL Philippines

The largest independent fuel company in the Philippines, SEAOIL has partnered with fintech startup LOCQ, OPC for PriceLOCQ.

PriceLOCQ for Business works through a secure web portal where companies can monitor and manage the driver, vehicle. and fuel usage. They can then issue fuel codes to drivers which station attendants can verify before gassing up. It also allows companies to view and download real-time reports to monitor transactions.

As businesses try to settle into the new normal, SEAOIL has entered into a line of vehicle servicing by opening its own branded service center, LubeServ.

The first branch is located in Anabu in Cavite, which is surrounded by residential developments. LubeServ offers automotive repairs and lubricant services using SEAOIL’s high-quality engine oils and ancillary products.

LubeServ on Wheels is a variation of the service, bringing expert mechanics to the customer’s location. The service is currently available in the areas of Taguig, Makati, Mandaluyong, San Juan, Pasig, Marikina, Quezon City, and Cainta.

To maintain safety, mechanics are fully trained on health protocols and provided personal protective equipment for their visit. Health tests are done every two weeks.