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PH oil players slash P2/L on gasoline

fuel pump

Oil players in the Philippines shall conduct a huge reduction on the pump price of gasoline this week to open the final quarter of 2023.

KEY TAKEAWAYS

  • How much are the fuel price adjustments for October 3, 2023?

    Local oil firms are set to roll back the pump prices of gasoline by P2 per liter and kerosene by P0.40 per liter. However, diesel will rise by P0.20 per liter.

  • When will the adjustments take place?

    0The adjustments on pump prices on some oil players started implementing the adjustments as early as 12:01 a.m. today.

    • Based on their respective advisories, Caltex, Cleanfuel, Seaoil, Unioil, and Petron shall trim down the price of gasoline products at the pump by P2 per liter. Meanwhile, diesel will have a P0.40-per-liter increase.

     On the other hand, firms that are selling kerosene shall slash down the product’s retail price by P0.50 per liter.

    fuel pump

    The adjustments are set to take effect as early as 12:01 a.m. today (October 3) on some companies.

    Last week, gasoline and diesel prices went down by P0.20 per liter each, and kerosene by P0.50 per liter.

    Photos from Ruben Manahan IV

    Also read:

    Oil firms to jack up pump prices by at least P2/L

    Diesel, kerosene to climb by more than P1/L

    Oil firms to raise pump prices anew

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