Renew Insurance

Fuel prices set to go down tomorrow

fuel pump

Fuel companies will reduce the price of their products at the pump tomorrow (May 3, 2022) to mark the initial week of May.

KEY TAKEAWAYS

  • How much is the price adjustment for tomorrow?

    Oil companies will lower the retail price of diesel and kerosene by P1.15 per liter, and gasoline products by P0.65 per liter.

  • What are the companies that announced the aforementioned adjustment?

    The companies that announced the oil price drop are Petron, Caltex, Cleanfuel, Seaoil, and PTT Philippines

    • Petron, Caltex, Cleanfuel, Seaoil, and PTT Philippines have announced in their respective advisories that they will lower the retail price of diesel by P1.15 per liter and gasoline by P0.65 per liter.

    Many of the aforementioned industry players in the country will also implement a P1.15-per-liter-slash on the pump price of kerosene.

    fuel pump dispenser

    Other companies are expected to implement the same movement.

    Last week, local oil players added P4.10 per liter ro diesel, P3 per liter on gasoline, and P3.50 per liter on kerosene.

    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

    You Might Also Be Interested In

    • Advice
    • Financing
    • Insurance

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • Toyota Motor PH taps Ben&Ben as ambassadors for latest initiative
      Toyota Motor PH taps Ben&Ben as ambassadors for latest initiative
      Ruben Manahan IV . May 05, 2026
    • GAC PH to display electrified roster at Auto Focus Summer Test Drive Festival 2026
      GAC PH to display electrified roster at Auto Focus Summer Test Drive Festival 2026
      Ruben Manahan IV . May 05, 2026
    • Toyota Boshoku teams up with Itoki for Crown Seat Desk Chair
      Toyota Boshoku teams up with Itoki for Crown Seat Desk Chair
      Paulo Papa . May 05, 2026
    • Here’s how to determine if a muffler is legal or not
      Here’s how to determine if a muffler is legal or not
      Ruben Manahan IV . May 05, 2026
    • Lexus is ASEAN 2026 official mobility partner
      Lexus is ASEAN 2026 official mobility partner
      Cesar Miguel . May 05, 2026
    • Check out 4 reasons to buy Kia EV5
      Check out 4 reasons to buy Kia EV5
      Cesar Miguel . May 05, 2026
    • 5 reasons to be excited about the Geely EX2
      5 reasons to be excited about the Geely EX2
      Paulo Papa . May 05, 2026
    • Check out the Jaecoo J5 SHS-H's 3 strong points
      Check out the Jaecoo J5 SHS-H's 3 strong points
      Paulo Papa . May 02, 2026
    • Gears of commerce: automobiles that drive the industry
      Gears of commerce: automobiles that drive the industry
      Paulo Papa . May 02, 2026
    • Here's 4 reasons why you should get the Geely EX5 EM-i
      Here's 4 reasons why you should get the Geely EX5 EM-i
      Cesar Miguel . Apr 28, 2026
    • Tips on how to prevent vehicle fires
      Tips on how to prevent vehicle fires
      Cesar Miguel . Mar 17, 2026
    • How to prepare your car for summer
      How to prepare your car for summer
      Cesar Miguel . Mar 11, 2026
    • 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
    • ELECTRIA: VinFast VF 6 is a well-equipped urban warrior
      ELECTRIA: VinFast VF 6 is a well-equipped urban warrior
      Cesar Miguel . Apr 20, 2026
    • BYD DM-i lineup conquers Southern Luzon
      BYD DM-i lineup conquers Southern Luzon
      Cesar Miguel . Mar 10, 2026
    • Hyundai Creta Premium: balancing engaging drive,comfort
      Hyundai Creta Premium: balancing engaging drive,comfort
      Cesar Miguel . Feb 13, 2026
    • First drive: 4th-gen Changan CS55 Plus
      First drive: 4th-gen Changan CS55 Plus
      Paulo Papa . Feb 09, 2026
    • Changan CS15: small upgrades makes the difference
      Changan CS15: small upgrades makes the difference
      Cesar Miguel . Feb 06, 2026