Oil players to conduct big-time price rollback tomorrow
Oil players in the Philippines on Monday announced that it will conduct more price cuts at the pump this week following the two consecutive downward adjustments since the last week of April 2023.
KEY TAKEAWAYS
How much will be the fuel price adjustments for May 9, 2023?
Companies will reduce the prices of gasoline products by P2.20 per liter, diesel by P2.70 per liter, and kerosene by P2.25 per liter.What time will the adjustments take place?
The adjustments could reflect as early as 12:01 a.m. tomorrow.Based on their respective advisories, Caltex, Cleanfuel, Petron, Seaoil, and Unioil are set to slash P2.20 per liter on the pump price of gasoline products and P2.70 per liter on diesel.
In addition, many of the aforementioned companies stated that they will reduce the retail price of kerosene by P2.55 per liter.
The movement of price at the pump — which other fuel companies are expected to follow suit — shall begin at 12:01 a.m. tomorrow (May 9).
Last week, the price of gasoline went down by P1.50 per liter, diesel by P1.30 per liter, and kerosene by P1.40 per liter.
Photos from Ruben Manahan IV
Also read:
Oil firms to stop April 2023 pump price hikes
Featured Articles
- Latest
- Popular
-
-
Geely Okavango now considered as hybrid in PHRuben Manahan IV . Jun 30, 2025
-
-
-
-
-
-
-
Geely Okavango now considered as hybrid in PHRuben Manahan IV . Jun 30, 2025
-
-
-
Recommended Articles For You
-
-
Geely Okavango now considered as hybrid in PHRuben Manahan IV . Jun 30, 2025
-
-
-
-
Featured Cars
- Latest
- Upcoming
- Popular
-
AITO M9Price coming soon
-
Audi Q7Price coming soon
-
-
-
Porsche 911Price coming soon
Car Articles From Zigwheels
- News
- Article Feature
- Advisory Stories
- Road Test
-
Volvo PH May 2025 MoM sales up by 550%Ruben Manahan IV . Today
-
Mitsubishi Motors PH launches 'Prepaid Maintenance Parts package'Ruben Manahan IV . Today
-
CMEPA now in effect; pickup truck prices to go up soonRuben Manahan IV . Today
-
Volvo to release XC60 PHEV in PH?Ruben Manahan IV . Today
-
Lamborghini secures first-ever 24 Hours of Spa victoryCesar Miguel . Today
-
Check out the MG Marvel R’s strengths, weaknessesCesar Miguel . Jun 30, 2025
-
Here is a quick look at Suzuki XL7 Hybrid sole option in PHPaulo Papa . Jun 30, 2025
-
Toyota RAV4 vs. other hybrid crossoversPaulo Papa . Jun 30, 2025
-
Here are the BYD Sealion 5 DM-i's 4 subtle shadesPaulo Papa . Jun 27, 2025
-
Check out the PH-spec GWM Cannon's 5 colorsPaulo Papa . Jun 27, 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
-
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
-
ELECTRIA: 2025 BYD Atto 3 - updates done rightCesar Miguel . Jun 05, 2025
-
Dongfeng Nammi: Stylish all-rounderCesar Miguel . May 21, 2025
