Oil firms to implement pump price rollback to start H2 2023

fuel pump

Oil players in the country will trim down the prices of their products at the pump to start the second half of the year.

KEY TAKEAWAYS

  • How much are the fuel price adjustments for July 4, 2023?

    Pump prices of both diesel and gasoline products will slide down by P0.70 per liter while kerosene will have P0.85-per-liter reduction.
  • What time will the adjustments take place?

    The adjustments on pump prices will be implemented as early as 12:01 a.m. tomorrow.
  • Based on their advisories today (July 3), Caltex, Cleanfuel, Seaoil, Petron and Unioil are set to reduce both the price of gasoline products and diesel by P0.70 per liter.

    In addition, Caltex and Seaoil will also slash P0.85 per liter on the retail price of kerosene.

    fuel pump

    The adjustments — which firms are expected to follow suit — shall begin as early as 12:01 a.m. Tuesday (July 4).

    It can be recalled that local fuel companies closed the first half of 2023 with a pump price hike of P0.20 per liter on gasoline, P1.05 per liter on diesel, and P1.20 per liter on kerosene.

    Photos from Ruben Manahan IV

    Also read:

    Oil firms to slash pump prices this week

    Oil prices to slide down this week

    Fuel pump prices go up by more than P1/L

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • Mitsubishi Destinator earns 5-star 2025 ASEAN NCAP rating
      Mitsubishi Destinator earns 5-star 2025 ASEAN NCAP rating
      Ruben Manahan IV . Today
    • PH-bound Toyota bZ4X to come from Japan, TMP says
      PH-bound Toyota bZ4X to come from Japan, TMP says
      Ruben Manahan IV . Today
    • Aston Martin names actor Tom Holland’s BERO as ‘Official Alcohol-free Beer Partner’ 
      Aston Martin names actor Tom Holland’s BERO as ‘Official Alcohol-free Beer Partner’ 
      Paulo Papa . Today
    • VinFast sells over 20K cars in home country last month
      VinFast sells over 20K cars in home country last month
      Paulo Papa . Today
    • Petron warns public of scammers at service stations
      Petron warns public of scammers at service stations
      Ruben Manahan IV . Today
    • Jaecoo J7 SHS: pros and cons
      Jaecoo J7 SHS: pros and cons
      Paulo Papa . Nov 13, 2025
    • Here are Omoda C5’s strengths, weaknesses
      Here are Omoda C5’s strengths, weaknesses
      Cesar Miguel . Nov 12, 2025
    • Mitsubishi Destinator: here’s what to expect
      Mitsubishi Destinator: here’s what to expect
      Cesar Miguel . Nov 11, 2025
    • Check out the Jaecoo EJ6's 2 trims in PH
      Check out the Jaecoo EJ6's 2 trims in PH
      Paulo Papa . Nov 11, 2025
    • Check out Subaru Forest e-Boxer Hybrid’s comfy, driver-centric interior
      Check out Subaru Forest e-Boxer Hybrid’s comfy, driver-centric interior
      Cesar Miguel . Nov 06, 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: 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
    • Mitsubishi XForce: X marks the spot
      Mitsubishi XForce: X marks the spot
      Paulo Papa . Oct 27, 2025
    • First drive: Ford Territory Hybrid
      First drive: Ford Territory Hybrid
      Cesar Miguel . Oct 16, 2025
    • Honda HR-V S: well-endowed entry level option
      Honda HR-V S: well-endowed entry level option
      Cesar Miguel . Oct 06, 2025