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Fuel pump prices to slide by more than P2/L this week

fuel pump

MANILA: Fuel companies in the Philippines shall trim down the prices of their products at the pump by more than P2 per liter.

KEY TAKEAWAYS

  • How much are the fuel price adjustments for October 10, 2023?

    Local oil players shall reduce the pump prices of gasoline by P3.05 per liter, diesel by P2.45 per liter, and kerosene by P3 per liter.

  • When will the adjustments be implemented?

    The pump price adjustments are set to take effect as early as 12:01 a.m. tomorrow on some companies.

    • Earlier today, Cleanfuel, Seaoil, Unioil, and Petron announced in their respective advisories that they are set to reduce P3.05 per liter on the price of gasoline products and P2.45 per liter on diesel.

    Petron and Seaoil, will also cut down P3 per liter on the price of kerosene.

    fuel pump

    The aforementioned movements shall take place as early as 12:01 a.m. tomorrow (October 10) on some companies. Other players are expected to implement the same adjustments.

    Last week, prices of gasoline went down by P2 per liter, diesel by 0.40 per liter, and kerosene by P0.50 per liter.

    Photos by Ruben Manahan IV

    Also read:

    Oil prices to slide this week

    Oil firms to jack up pump prices by at least P2/L

    Diesel, kerosene to climb by more than P1/L

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