Renew Insurance

Oil firms to cut down prices by at least P1.30/L this week

fuel pump

Oil companies in the Philippines shall conduct big-time price rollbacks on their products at the pump this week.

KEY TAKEAWAYS

  • What are the oil price adjustments this week?

    This week, gasoline products shall drop by P1.55 per liter, diesel by P1.30 per liter, and kerosene by P1.40 per liter.

  • When will the adjustments take effect?

    The movements in pricing will become effective starting tomorrow (September 10, 2024).

    • Based on their respective advisories, Cleanfuel, Caltex, Jetti, Petron, Seaoil, and Unioil will reduce the retail price of gasoline products by P1.55 per liter and diesel by P1.30 per liter.

    In addition, Caltex, Petron, and Seaoil shall cut down the price of kerosene shall also slide by P1.40 per liter.

    Fuel station Photo from Ruben Manahan IV

    The price slide in the retail prices — which other companies are expected to similarly conduct — will be effective beginning tomorrow (September 10).

    Last week, local oil firms increased the price of gasoline products by P0.50 per liter, diesel by P0.30 per liter, and kerosene by P0.70 per liter.

    Also read:

    Oil firms to jack price pump price to open 'Ber' months

    Oil companies to implement big-time price cut this week

    Oil firms to close Jul. 2024 with pump price cuts

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    You Might Also Be Interested In

    • Advice
    • Financing
    • Insurance

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • Honda to cease car sales ops in South Korea by end of 2026
      Honda to cease car sales ops in South Korea by end of 2026
      Cesar Miguel . Today
    • Hyundai unveils all-new Ioniq V
      Hyundai unveils all-new Ioniq V
      Cesar Miguel . Apr 24, 2026
    • Omoda & Jaecoo debuts 4 SHS-H
      Omoda & Jaecoo debuts 4 SHS-H
      Cesar Miguel . Apr 24, 2026
    • Mercedes-Benz PH to bolster electric lineup with CLA 300L sedan?
      Mercedes-Benz PH to bolster electric lineup with CLA 300L sedan?
      Paulo Papa . Apr 24, 2026
    • GWM unveils Wey V9X
      GWM unveils Wey V9X
      Ruben Manahan IV . Apr 24, 2026
    • 4 reasons the Geely Coolray fits the young pros
      4 reasons the Geely Coolray fits the young pros
      Cesar Miguel . Apr 23, 2026
    • Exploring the VinFast VF 6's pros, cons
      Exploring the VinFast VF 6's pros, cons
      Cesar Miguel . Apr 22, 2026
    • Check out the Radar RD6 Econ’s strengths, weaknesses
      Check out the Radar RD6 Econ’s strengths, weaknesses
      Cesar Miguel . Apr 22, 2026
    • GAC GS8 HEV vs. other hybrid mid-size SUVs
      GAC GS8 HEV vs. other hybrid mid-size SUVs
      Paulo Papa . Apr 17, 2026
    • Check out upcoming Geely EX2’s potential rivals
      Check out upcoming Geely EX2’s potential rivals
      Cesar Miguel . Apr 15, 2026
    • Tips on how to prevent vehicle fires
      Tips on how to prevent vehicle fires
      Cesar Miguel . Mar 17, 2026
    • How to prepare your car for summer
      How to prepare your car for summer
      Cesar Miguel . Mar 11, 2026
    • 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
    • ELECTRIA: VinFast VF 6 is a well-equipped urban warrior
      ELECTRIA: VinFast VF 6 is a well-equipped urban warrior
      Cesar Miguel . Apr 20, 2026
    • BYD DM-i lineup conquers Southern Luzon
      BYD DM-i lineup conquers Southern Luzon
      Cesar Miguel . Mar 10, 2026
    • Hyundai Creta Premium: balancing engaging drive,comfort
      Hyundai Creta Premium: balancing engaging drive,comfort
      Cesar Miguel . Feb 13, 2026
    • First drive: 4th-gen Changan CS55 Plus
      First drive: 4th-gen Changan CS55 Plus
      Paulo Papa . Feb 09, 2026
    • Changan CS15: small upgrades makes the difference
      Changan CS15: small upgrades makes the difference
      Cesar Miguel . Feb 06, 2026