Motorists welcome 2024 with oil price rollbacks

Fuel station

Good news to motorists in the Philippines: local oil players have reduced the retail prices of their offerings at the pump today to mark their initial adjustment for 2024.

KEY TAKEAWAYS

  • What was the first oil price adjustment for 2024 in the Philippines?

    Local oil players cut down the pump prices of gasoline products by P0.10 per liter, diesel by P0.35 per liter and kerosene by P1.40 per liter.
  • When did the price adjustments took place?

    The movements in the pricing was made as early as 12:01 a.m. of January 2, 2024.
  • Based on their respective advisories, Cleanfuel, Flying V, Jetti, Petron, Seaoil, and Unioil shall implement price cuts on gasoline products by P0.10 per liter and diesel by P0.35 per liter.

    fuel pump

    Aside from that, Flying V, Petron, and Seaoil will also trim down the pricing of kerosene by P1.40 per liter.

    The adjustments on some of the aforementioned companies’ products took place as early as 12:01 a.m. of January 2. Other firms are expected to follow suit.

    Photos from Ruben Manahan IV

    Also read:

    Kerosene to continue price hike this week

    Diesel, kerosene to go up this week

    Fuel prices to slide down 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
    • ACMobility teams up with local units to boost EVCS in Baguio
      ACMobility teams up with local units to boost EVCS in Baguio
      Paulo Papa . Dec 12, 2025
    • Isuzu Global Service celebrates 10th year
      Isuzu Global Service celebrates 10th year
      Paulo Papa . Dec 12, 2025
    • MMDA upgrades NCAP web portal with new features
      MMDA upgrades NCAP web portal with new features
      Cesar Miguel . Dec 12, 2025
    • Chevrolet PH rolls out periodic maintenance promo for out-of-warranty vehicles
      Chevrolet PH rolls out periodic maintenance promo for out-of-warranty vehicles
      Cesar Miguel . Dec 12, 2025
    • MMDA implements traffic intervention measures along Marcos Highway
      MMDA implements traffic intervention measures along Marcos Highway
      Paulo Papa . Dec 12, 2025
    • Zigwheels PH: 20 highly-viewed models in 2025
      Zigwheels PH: 20 highly-viewed models in 2025
      Cesar Miguel . Today
    • Jaecoo EJ6: 3 reasons to buy
      Jaecoo EJ6: 3 reasons to buy
      Paulo Papa . Dec 11, 2025
    • Here are 4 reasons why would you pick the Omoda E5
      Here are 4 reasons why would you pick the Omoda E5
      Cesar Miguel . Dec 11, 2025
    • Geely Okavango Elite vs. the competition
      Geely Okavango Elite vs. the competition
      Cesar Miguel . Dec 10, 2025
    • Check out the Hongqi E-QM5's 3 exquisite colors
      Check out the Hongqi E-QM5's 3 exquisite colors
      Paulo Papa . Dec 09, 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: Radar RD6 Econ
      First drive: Radar RD6 Econ
      Cesar Miguel . Dec 02, 2025
    • Changan Nevo Q05: efficiently speedy
      Changan Nevo Q05: efficiently speedy
      Cesar Miguel . Nov 25, 2025
    • ELECTRIA: VinFast VF 3 - When simplicity just works
      ELECTRIA: VinFast VF 3 - When simplicity just works
      Cesar Miguel . Nov 24, 2025
    • First drive: Mercedes-Benz GLE 400e
      First drive: Mercedes-Benz GLE 400e
      Paulo Papa . Oct 29, 2025
    • Land Rover Defender Octa: down and dirty
      Land Rover Defender Octa: down and dirty
      Paulo Papa . Oct 28, 2025