Oil companies hit motorists with hefty price hikes today
We hope that you have your tanks filled yesterday to welcome the first workday of 2022 as fuel companies will implement a pump price increase reaching more than P2 per liter.
KEY TAKEAWAYS
What are the products that will have price increase?
Pump price for diesel will go up by P2.40 per liter while gasoline and kerosene, by P1.85 per liter.Who are the companies that will implement such adjustment.
Petron Philippines, Caltex, Cleanfuel, Total Philippines, Seaoil Philippines, Unioil and Flying V will impose the price movement today, based on their respective advisories. Other companies are expected to follow.In their respective advisories Monday, Petron Philippines, Caltex, Cleanfuel, Total Philippines, Seaoil Philippines, Unioil and Flying V will add P2.40 per liter on the price of diesel and P1.85 per liter on gasoline products.
Many of the abovementioned oil firms will also impose a P1.85-per-liter addition on kerosene.
Other oil players in the country are expected to follow suit.
Additionally, the price of AutoLPG went down P1.50 per liter yesterday (January 3, 2021) for Cleanfuel while Petron had their reduction of P1.43 per liter on the same product last December 31.
Relatedly Caltex declared a kerosene price freeze on areas declared under state of calamity.
To note, these companies reduced the pump price of their gasoline products only by P0.20 per liter, P0.65 per liter on diesel and kerosene by P0.85 per liter last December 28 to mark the final adjustment for 2021.
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
Featured Articles
- Latest
- Popular
-
-
New round of fuel price cuts set this weekRuben Manahan IV . Jul 07, 2025
-
JAC JS6 PHEV seen in PHRuben Manahan IV . Jul 07, 2025
-
-
-
MMDA mulls AI usage in traffic detectionRuben Manahan IV . Jul 04, 2025
Recommended Articles For You
-
-
New round of fuel price cuts set this weekRuben Manahan IV . Jul 07, 2025
-
JAC JS6 PHEV seen in PHRuben Manahan IV . Jul 07, 2025
-
-
-
MMDA mulls AI usage in traffic detectionRuben Manahan IV . Jul 04, 2025
Featured Cars
- Latest
- Upcoming
- Popular
-
AITO M9Price coming soon
-
Geely OkavangoPrice coming soon
-
-
-
Porsche 911Price coming soon
Car Articles From Zigwheels
- News
- Article Feature
- Advisory Stories
- Road Test
-
Aston Martin presents new Vantage S, makes 670 hpPaulo Papa . Today
-
‘BMW Joy in Motion’ to showcase i5 eDrive40, X7 xDrive40d Pure ExcellenceRuben Manahan IV . Today
-
Jetour Auto PH showcases T2 with community meet-upCesar Miguel . Today
-
Toyota’s ‘Rainy Season Deals’ eyed to brighten up Jul.Ruben Manahan IV . Today
-
LMI confirms Dongfeng E70 Pro arrivalRuben Manahan IV . Today
-
Suzuki XL7 Hybrid vs Toyota RAV4 vs BYD Tang: tough-looking NEV optionsPaulo Papa . Today
-
Explaining the different types of hybrid powertrainsCesar Miguel . Jul 07, 2025
-
Check out these basic overlanding items for when you want to enjoy the outdoorsPaulo Papa . Jul 04, 2025
-
Suzuki Dzire Hybrid vs Toyota Corolla Altis GR-S HEV CVT vs BYD Seal: new-energy sedan showdownPaulo Papa . Jul 04, 2025
-
3 reasons why customers choose ToyotasCesar Miguel . Jul 03, 2025
-
Do you still need to wash your car after it rains?Cesar Miguel . Jun 12, 2025
-
What should you visit first at MIAS 2025?Cesar Miguel . Apr 11, 2025
-
Do you really need 4x4 for overlanding?Cesar Miguel . Mar 26, 2025
-
Number coding 2025: what you need to knowPaulo Papa . Mar 09, 2025
-
EVs still require lubrication, JAMA execs sayPaulo Papa . Mar 09, 2025
-
Honda BR-V S CVT: all about that ‘base’Paulo Papa . Today
-
Dongfeng Rich 7 4X4 Upper: ideal entry-level truckPaulo Papa . Jul 07, 2025
-
First drive: MG ZS Hybrid+Cesar Miguel . Jun 30, 2025
-
BYD eMAX 7 Superior Captain: MPV for modern familiesPaulo Papa . Jun 18, 2025
-
Suzuki Ertiga Hybrid: modest moverPaulo Papa . Jun 05, 2025
