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Pump prices to go down this week

fuel pump

The consecutive price hikes suffered by motorists will end tomorrow as local fuel companies announce price adjustments.

KEY TAKEAWAYS

  • What are the price adjustments this week?

    This week, oil firms will trim down the pricing of gasoline by P0.85 per liter; diesel by P0.75 per liter; and kerosene, P0.90 per liter.

  • When will the adjustments take effect?

    The adjustments will be on November 19, 2024.

    • Cleanfuel, Caltex, Jetti, Petron, Seaoil, and Unioil will slash the price of gasoline products by P0.85 per liter and diesel by P0.75 per liter.

    Further, the aforementioned brands will reduce the cost of kerosene by P0.90 per liter.

    The said adjustments will be executed tomorrow, November 19.

    Fuel station Photo from Ruben Manahan IV

    Prior to the positive price adjustment, oil companies have implemented price hikes with the latest seeing the cost of gasoline going up by P1.50 per liter, diesel by P2.10 per liter, and kerosene by P1.20 per liter.

    The week before that, the price of diesel already shot up by P0.70 per liter and kerosene by P0.50 per liter while gasoline dipped down by P0.10 per liter.

    Also read:

    Oil firms to cut down prices by at least P1.30/L this week

    PH oil prices to spike tomorrow

    Major oil price cuts implemented today

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