Gasoline price to move down; diesel, kerosene continue hike
MANILA: The price of gasoline will drop by P0.10 per liter this week, according to local players like Unioil, Cleanfuel, and Phoenix Petroleum Philippines, Incorporated.
KEY TAKEAWAYS
What will be the price movements this week?
Companies will reduce P0.60 per liter on the price of gasoline and add P1.10 per liter on diesel and P0.40 per liter on kerosene.When will the adjustments take place?
The prices will be implemented on July 29, 2025.On the other hand, the cost of diesel will continue its hike at P0.60 per liter while kerosene will jump by P0.40 per liter.
These updates are expected to take effect tomorrow, July 29.
Photo from Ruben Manahan IVLast week’s movement
Last week, the price of products at the pump saw its second price increase for the month of July after consecutive rollbacks.
Here is how fuel products looked like:
|
Product |
Price adjustment (in Peso per liter) |
|
Gasoline |
P0.40 (increase) |
|
Diesel |
P1.10 (increase) |
|
Kerosene |
P0.70 (increase) |
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