Diesel pump price hike this week to breach P2/L mark

fuel pump

Fuel companies in the Philippines shall implement a significant increase on their pump prices this week. 

KEY TAKEAWAYS

  • How much are the fuel price adjustments for July 18, 2023?

    Companies shall raise the price of kerosene by P1.80 per liter, gasoline products by 1.90 per liter, and diesel by P2.10 per liter.
  • What time will the adjustments take place?

    The adjustments on pump prices will be implemented as early as 12:01 a.m. tomorrow.
  • Based on their respective advisories, Caltex, Cleanfuel, Seaoil, Petron and Unioil are set to implement a P2.10-per-liter price hike on diesel and P1.90 per liter markup on gasoline products.

    In addition, Caltex, Petron, and Seaoil will also jack up the retail price of kerosene by P1.80 per liter.

    fuel pump

    The changes in the pricing — which other brands are expected to follow suit — shall start as early as 12:01 a.m.

    Last week, local players raised the price of diesel by P0.75 per liter and kerosene by P0.50 per liter. However, they also slashed P0.20 per liter on gasoline.

    Photos from Ruben Manahan IV

    Also read:

    Oil firms to implement pump price rollback to start H2 2023

    Local oil firms to jack up pump prices this week

    Oil firms to slash pump prices this week

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • Jetour Auto PH launches all-new T1 i-DM
      Jetour Auto PH launches all-new T1 i-DM
      Cesar Miguel . Today
    • Motorists can now use one RFID for Luzon tollways
      Motorists can now use one RFID for Luzon tollways
      Paulo Papa . Oct 21, 2025
    • Suzuki PH opens Otis dealership
      Suzuki PH opens Otis dealership
      Paulo Papa . Oct 21, 2025
    • BMW PH rolls out ‘Seasons of Joy’ promo with flex financing options, savings of P2.9-M
      BMW PH rolls out ‘Seasons of Joy’ promo with flex financing options, savings of P2.9-M
      Paulo Papa . Oct 21, 2025
    • Honda Cars PH celebrates 35 years with P35 DP
      Honda Cars PH celebrates 35 years with P35 DP
      Paulo Papa . Oct 21, 2025
    • Top 4 reasons to buy the JAC JS6
      Top 4 reasons to buy the JAC JS6
      Cesar Miguel . Oct 21, 2025
    • Li Auto L7: 4 reasons to buy
      Li Auto L7: 4 reasons to buy
      Cesar Miguel . Oct 17, 2025
    • 4 reasons why you should buy the Ford Territory Hybrid
      4 reasons why you should buy the Ford Territory Hybrid
      Cesar Miguel . Oct 14, 2025
    • Here are the PH-offered Isuzu D-Max's 6 available tones
      Here are the PH-offered Isuzu D-Max's 6 available tones
      Paulo Papa . Oct 10, 2025
    • Here are the BYD Tang DM-i’s strengths, weaknesses
      Here are the BYD Tang DM-i’s strengths, weaknesses
      Cesar Miguel . Oct 10, 2025
    • Avoid road trip horror stories this 'Undas' with these tips
      Avoid road trip horror stories this 'Undas' with these tips
      Ruben Manahan IV . Oct 20, 2025
    • Here are ways to avoid road rage
      Here are ways to avoid road rage
      Paulo Papa . Sep 23, 2025
    • How well do you understand traffic signs?
      How well do you understand traffic signs?
      Cesar Miguel . Sep 09, 2025
    • How car collectors can take advantage of Liqui Moly products
      How car collectors can take advantage of Liqui Moly products
      Ruben Manahan IV . Sep 08, 2025
    • Do you still need to wash your car after it rains?
      Do you still need to wash your car after it rains?
      Cesar Miguel . Jun 12, 2025
    • First drive: Ford Territory Hybrid
      First drive: Ford Territory Hybrid
      Cesar Miguel . Oct 16, 2025
    • Honda HR-V S: well-endowed entry level option
      Honda HR-V S: well-endowed entry level option
      Cesar Miguel . Oct 06, 2025
    • Ford Everest Sport Special Edition: ‘tough’-tier SUV
      Ford Everest Sport Special Edition: ‘tough’-tier SUV
      Paulo Papa . Sep 15, 2025
    • Toyota Corolla Cross GR-S HEV: sporty yet sustainable
      Toyota Corolla Cross GR-S HEV: sporty yet sustainable
      Paulo Papa . Sep 08, 2025
    • ELECTRIA: JMC EV3 - cutesy city slicker
      ELECTRIA: JMC EV3 - cutesy city slicker
      Cesar Miguel . Sep 04, 2025