Section 9. Other Duties of the Commission. —

The Commission shall undertake a continuing study of the petroleum industry in its domestic and international aspects, gather and collate information and statistics bearing on the industry, submit an annual report to the members of Congress and to the President of the Philippines on its activities and the results of its studies, including therein such matters as it may deem appropriate subjects of legislation or executive action. The Commission shall likewise keep itself regularly and thoroughly informed of conditions in the industry in order to enable it to perform its functions, exercise its powers and discharge its duties effectively.

The annual report of the Commission shall include, among others, the following data on a company by company basis:

1. Volume, weight, type, import price, and supplier of crude oil and petroleum products imported;

2. Tonnage, type, nationality and ownership of vessels used in importing crude oil and petroleum products, as well as shipping costs;

3. Audited financial statements of petroleum refineries and marketing companies;

4. Data on exported products, price of same, country of destination, and vessel used;

5. Listed wholesale price of gasoline on a monthly basis;

6. Posted and market prices of crude oil at sources of importation and other known sources of crude oil supply; and

7. Cost of refining petroleum products.