Renew Insurance

PH oil firms to trim down pump prices anew for May 2024

fuel pump dispenser

Fuel companies in the Philippines are set to implement another round of pump price cuts — the third straight reduction seen within the month of May.

KEY TAKEAWAYS

  • What will be the fuel price adjustments for this week?

    This week,gasoline prices shall go down by P2 per liter, diesel by P0.50 per liter, and kerosene by P0.85 per liter.

  • When will the adjustments be implemented?

    The adjustments will be conducted as early as 12:01 a.m. of May 14, 2024.

    • Based on their respective advisories, Caltex, Cleanfuel, Jetti, Petron, Seaoil, and Unioil will trim down the retail pricing of gasoline products by P2 per liter and diesel by P0.50 per liter.

    Aside from that, Caltex, Petron, and Seaoil shall also conduct a P0.85-per-liter trim on the price of kerosene at the pump.

    fuel pump

    The alterations in pricing shall take effect as early as 12:01 a.m. tomorrow.

    Last week, gasoline products slid down by P0.75 per liter, diesel by P0.90 per liter, and kerosene by P1.05 per liter.

    Photos from Ruben Manahan IV

    Also read:

    PH oil players to close April 2024 with price slashes

    Fuel prices to spike up anew this week

    Gas prices to spike up anew this week

    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
    • Toyota PH quietly adds HEV variants to Corolla Altis lineup
      Toyota PH quietly adds HEV variants to Corolla Altis lineup
      Paulo Papa . Today
    • VinFast inks agreement with 29 aftersales partners
      VinFast inks agreement with 29 aftersales partners
      Ruben Manahan IV . Today
    • Lexus PH recalls select GS-F, RC-F units over faulty fuel pump
      Lexus PH recalls select GS-F, RC-F units over faulty fuel pump
      Ruben Manahan IV . May 19, 2026
    • Eneos to take over Caltex PH in 2027
      Eneos to take over Caltex PH in 2027
      Paulo Papa . May 19, 2026
    • ACMobility to put up EV charging stations in Robinsons Land Properties
      ACMobility to put up EV charging stations in Robinsons Land Properties
      Ruben Manahan IV . May 19, 2026
    • Check out the Toyota bZ4X's 4 electrifying tones
      Check out the Toyota bZ4X's 4 electrifying tones
      Paulo Papa . Today
    • Check out the MG G50 PHEV’s strengths, weaknesses
      Check out the MG G50 PHEV’s strengths, weaknesses
      Cesar Miguel . May 19, 2026
    • Check out the VinFast VF MPV 7’s closest competitor
      Check out the VinFast VF MPV 7’s closest competitor
      Cesar Miguel . May 18, 2026
    • How did ‘Morizo’ start in motorsports?
      How did ‘Morizo’ start in motorsports?
      Ruben Manahan IV . May 18, 2026
    • Check out the Jaecoo J5 SHS-S’ similarly-sized rivals
      Check out the Jaecoo J5 SHS-S’ similarly-sized rivals
      Cesar Miguel . May 14, 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