Renew Insurance

Oil firms implement huge price rollback tomorrow

fuel pump

Finally.

KEY TAKEAWAYS

  • How much is the price adjustment for tomorrow?

    Oil firms will slash P11.45 per liter on diesel, P5.45 on gasoline and P5.55 per liter on kerosene.

  • What was the biggest price increase that has happened for 2022.

    Fuel companies jacked up the price of diesel by P13.15 per liter, kerosene by P10.50 per liter and gasoline by P7.10 per liter last week, the biggest yet for 2022.

    • Local fuel players finally have announced that they will be implementing a price rollback on all products at the pump tomorrow (Tuesday, March 22).

    Based on their respective advisories, Petron, Caltex, Cleanfuel, Seaoil Philippines, PTT Philippines, as well as Total Philippines will trim down the price of gasoline products by P5.45 per liter and on diesel, P11.45 per liter.

    Aside from that, numerous oil firms are also reducing P8.55 per liter on the price of kerosene.

    The adjustment on the retail price follows the Department of Energy Secretary Alfonso Cusi’s announcement last week that the retail price might drop after the per-barrel prices of petroleum products went down last week.

    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

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • Here are the PH-spec Xforce’s possible trims, prices
      Here are the PH-spec Xforce’s possible trims, prices
      Ruben Manahan IV . Today
    • GAC Motor PH expands reach with Sumulong dealership opening
      GAC Motor PH expands reach with Sumulong dealership opening
      Paulo Papa . Today
    • McLaren to field bespoke Senna livery at upcoming Monaco GP
      McLaren to field bespoke Senna livery at upcoming Monaco GP
      Paulo Papa . May 24, 2024
    • Ford PH now carries Bronco badge
      Ford PH now carries Bronco badge
      Ruben Manahan IV . May 23, 2024
    • General Tire re-enters PH market
      General Tire re-enters PH market
      Ruben Manahan IV . May 23, 2024
    • Cabin check: here’s what’s inside the Toyota Corolla Cross
      Cabin check: here’s what’s inside the Toyota Corolla Cross
      Paulo Papa . May 21, 2024
    • Toyota Corolla Cross vs. the competition
      Toyota Corolla Cross vs. the competition
      Paulo Papa . May 21, 2024
    • Geely GX3 Pro vs. the competition
      Geely GX3 Pro vs. the competition
      Paulo Papa . May 14, 2024
    • Here are the PH-market Toyota Corolla Cross's colors
      Here are the PH-market Toyota Corolla Cross's colors
      Paulo Papa . May 13, 2024
    • Which is the better choice: Toyota Corolla Cross or Yaris Cross?
      Which is the better choice: Toyota Corolla Cross or Yaris Cross?
      Paulo Papa . Apr 22, 2024
    • Here are some ideal destinations and safety tips for the upcoming Holy Week
      Here are some ideal destinations and safety tips for the upcoming Holy Week
      Paulo Papa . Mar 08, 2024
    • Here are some New Year’s resolutions for car owners
      Here are some New Year’s resolutions for car owners
      Paulo Papa . Jan 03, 2024
    • PH auto market: 2023 in retrospect
      PH auto market: 2023 in retrospect
      Paulo Papa . Dec 15, 2023
    • Here’s a holiday gift guide for car enthusiasts
      Here’s a holiday gift guide for car enthusiasts
      Hazel Nicole Carreon . Dec 15, 2023
    • Oil players cut pump prices anew
      Oil players cut pump prices anew
      Paulo Papa . Nov 14, 2023
    • Sensational 7-seater: Honda BR-V V
      Sensational 7-seater: Honda BR-V V
      Paulo Papa . May 20, 2024
    • Style made affordable: Jetour Dashing
      Style made affordable: Jetour Dashing
      Ruben Manahan IV . May 14, 2024
    • Compelling crossover: Geely GX3 Pro Comfort
      Compelling crossover: Geely GX3 Pro Comfort
      Paulo Papa . May 13, 2024
    • Staying cool: Geely Coolray Sport
      Staying cool: Geely Coolray Sport
      Paulo Papa . May 03, 2024
    • Radical cut: GAC GS3 Emzoom R-Style
      Radical cut: GAC GS3 Emzoom R-Style
      Ruben Manahan IV . Apr 30, 2024

    Copyright © Carmudi 2014-2024. All Rights Reserved.