After a long series of hikes, fuel prices finally go down across the board

fuel pump

After oil prices breached P60-per-liter mark in Metro Manila, companies have announced that they will slash prices on all their products today.

KEY TAKEAWAYS

  • By how much will fuel prices roll back?

    Various companies have announced a price cut of P1 for gas and P0.60 for diesel.
  • How about kerosene?

    The price of kerosene is also set to decrease by P0.60.
  • In their respective announcements, Pilipinas Shell, Petron, Caltex, Cleanfuel, Seaoil, Phoenix, and Total said that they are set to implement a P1-per-liter rollback on gasoline and P0.60 per liter on diesel.

    Further, most of the abovementioned firms will also cut back P0.60 per liter on the pump price of kerosene.

    Other oil firms are also expected to follow suit today.

    Prior to this, fuel companies reduced the price of diesel by P0.35 per liter and P0.30 per liter of kerosene last week.

    Photos from Ruben D. Manahan IV

    Also read:

    Local Oil Chief says Global Oil Price Collapse Good for Import-Dependent PH

    Top 24 Fuel Efficient Cars In The Philippines

    5 Tips on How To Get Better Fuel Economy while Driving on Highway

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • McLaren to field bespoke Senna livery at upcoming Monaco GP
      McLaren to field bespoke Senna livery at upcoming Monaco GP
      Paulo Papa . May 24, 2024
    • Ford PH now carries Bronco badge
      Ford PH now carries Bronco badge
      Ruben Manahan IV . May 23, 2024
    • General Tires re-enters PH market
      General Tires re-enters PH market
      Ruben Manahan IV . May 23, 2024
    • ACMobility opens charging centers in Cebu
      ACMobility opens charging centers in Cebu
      Paulo Papa . May 23, 2024
    • MPT South joins National Road Safety Month celebration with new safety campaign
      MPT South joins National Road Safety Month celebration with new safety campaign
      Paulo Papa . May 23, 2024
    • Cabin check: here’s what’s inside the Toyota Corolla Cross
      Cabin check: here’s what’s inside the Toyota Corolla Cross
      Paulo Papa . May 21, 2024
    • Toyota Corolla Cross vs. the competition
      Toyota Corolla Cross vs. the competition
      Paulo Papa . May 21, 2024
    • Geely GX3 Pro vs. the competition
      Geely GX3 Pro vs. the competition
      Paulo Papa . May 14, 2024
    • Here are the PH-market Toyota Corolla Cross's colors
      Here are the PH-market Toyota Corolla Cross's colors
      Paulo Papa . May 13, 2024
    • Which is the better choice: Toyota Corolla Cross or Yaris Cross?
      Which is the better choice: Toyota Corolla Cross or Yaris Cross?
      Paulo Papa . Apr 22, 2024
    • Here are some ideal destinations and safety tips for the upcoming Holy Week
      Here are some ideal destinations and safety tips for the upcoming Holy Week
      Paulo Papa . Mar 08, 2024
    • Here are some New Year’s resolutions for car owners
      Here are some New Year’s resolutions for car owners
      Paulo Papa . Jan 03, 2024
    • PH auto market: 2023 in retrospect
      PH auto market: 2023 in retrospect
      Paulo Papa . Dec 15, 2023
    • Here’s a holiday gift guide for car enthusiasts
      Here’s a holiday gift guide for car enthusiasts
      Hazel Nicole Carreon . Dec 15, 2023
    • Oil players cut pump prices anew
      Oil players cut pump prices anew
      Paulo Papa . Nov 14, 2023
    • Sensational 7-seater: Honda BR-V V
      Sensational 7-seater: Honda BR-V V
      Paulo Papa . May 20, 2024
    • Style made affordable: Jetour Dashing
      Style made affordable: Jetour Dashing
      Ruben Manahan IV . May 14, 2024
    • Compelling crossover: Geely GX3 Pro Comfort
      Compelling crossover: Geely GX3 Pro Comfort
      Paulo Papa . May 13, 2024
    • Staying cool: Geely Coolray Sport
      Staying cool: Geely Coolray Sport
      Paulo Papa . May 03, 2024
    • Radical cut: GAC GS3 Emzoom R-Style
      Radical cut: GAC GS3 Emzoom R-Style
      Ruben Manahan IV . Apr 30, 2024