Oil prices go down after two months

Fuel

Consumers can now breathe a sigh of relief as oil companies are set to implement a price slash after nine consecutive increases at the pump since May.

In an advisory, Shell Philippines and Cleanfuel announced that they are set to cut the prices of gasoline by P0.65 per liter tomorrow (Tuesday, July 7).

However, no price movement shall be implemented on diesel.

Kerosene prices, Shell advised, will also be reduced by P0.40 per liter.

Fuel station

Other oil companies are expected to reflect the same adjustments. 

Since May 5, oil prices went up by at least P10 per liter for gasoline, P8 per liter for diesel, and P9 per liter for kerosene.

The last increase on prices was last week, as gasoline went up by P0.70, P0.40 per liter for kerosene and P0.30 per liter for diesel.

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
  • Chery Auto PH now 23-dealer strong
    Chery Auto PH now 23-dealer strong
    Ruben Manahan IV . Today
  • Honda Cars PH breaks ground for 2 upcoming outlets
    Honda Cars PH breaks ground for 2 upcoming outlets
    Ruben Manahan IV . Today
  • Nissan, Mitsubishi ink partnership to explore societal solutions using EVs
    Nissan, Mitsubishi ink partnership to explore societal solutions using EVs
    Paulo Papa . Today
  • BAIC PH previews 5-car lineup prior to public launch
    BAIC PH previews 5-car lineup prior to public launch
    Ruben Manahan IV . Today
  • Bentley, PUBG Mobile team up to bring 'opulence to battleground'
    Bentley, PUBG Mobile team up to bring 'opulence to battleground'
    Ruben Manahan IV . Today
  • Cabin check: What’s inside the BYD Atto 3
    Cabin check: What’s inside the BYD Atto 3
    Paulo Papa . Today
  • Midsize SUV battle: Hyundai Santa Fe vs. Ford Everest
    Midsize SUV battle: Hyundai Santa Fe vs. Ford Everest
    Paulo Papa . Mar 14, 2024
  • Hyundai Santa Fe: 6 seductive colors
    Hyundai Santa Fe: 6 seductive colors
    Paulo Papa . Mar 12, 2024
  • Hyundai Santa Fe vs. the competition
    Hyundai Santa Fe vs. the competition
    Paulo Papa . Mar 12, 2024
  • Luxury mover matchup: GAC M8 vs. Toyota Alphard
    Luxury mover matchup: GAC M8 vs. Toyota Alphard
    Paulo Papa . Feb 27, 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
  • BYD Atto 3: from the metro to the mountains
    BYD Atto 3: from the metro to the mountains
    Paulo Papa . Mar 18, 2024
  • Late bloomer: Hyundai Stargazer GLS Premium
    Late bloomer: Hyundai Stargazer GLS Premium
    Ruben Manahan IV . Mar 08, 2024
  • Adventure-ready: Subaru Crosstrek
    Adventure-ready: Subaru Crosstrek
    Paulo Papa . Mar 01, 2024
  • More doors, more fun: Suzuki Jimny 5-door
    More doors, more fun: Suzuki Jimny 5-door
    Paulo Papa . Feb 27, 2024
  • Refined ride: Volkswagen Tharu SEL
    Refined ride: Volkswagen Tharu SEL
    Paulo Papa . Feb 27, 2024