What is the best facial moisturizer for severe dry skin?

What is the best moisturizer for severe dry skin (face only)?
I have very dry skin on my face.. to the point of cracking and peeling. I also get acne from time to time. I need to purchase a moisturizer that helps these problems. I’ve tried using petroyluem jelly but that clogs pores. I’m thinking that I need something that constantly sloughs dead skin cells like Olay Regenerist or something. Cheap and expensive suggestions welcome! Thank you!

Ponds has always worked well for me…………….