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PH oil players to close April 2024 with price slashes

fuel pump

Local oil players shall end the month of April with slashes on the pricing of their products at the pump — ending the three-week hike streak.

KEY TAKEAWAYS

  • What will be this week's fuel price adjustments?

    Companies are set to reduce the prices of gasoline products by P0.25 per liter, diesel by P0.45 per liter, and kerosene by P0.90 per liter.

  • When will the adjustments be implemented?

    The movements in pricing will happen as early as 12:01 a.m. of April 30, 2024.

    • Based on their respective advisories, Caltex, Cleanfuel, Jetti, Petron, PTT, and Seaoil are set to trim down the retail pricing of gasoline products by P0.25 per liter and diesel by P0.45 per liter.

    Additionally, Caltex, Petron, and Seaoil shall implement a P0.90 per liter-reduction on kerosene’s pump price.

    fuel pump

    The alterations shall be implemented as early as 12:01 a.m. tomorrow by some brands.

    Last week, prices of gasoline went up by P0.55 per liter, diesel by P0.95 per liter, and kerosene by P1.10 per liter.

    Photos from Ruben Manahan IV

    Also read:

    Fuel prices to spike up anew this week

    Gas prices to spike up anew this week

    PH oil firms to impose 'big-time' price hikes this week

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