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Gasoline pump products to slide by P2/L this week

Gasoline pump products to slide by P2/L this week

Fuel companies in the Philippines are set conduct a price cut on the retail price of gasoline this week.

KEY TAKEAWAYS

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

    Local oil players 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?

    The adjustments on pump prices on some oil players are set to be implemented as early as 12:01 a.m. tomorrow.

    • Based on their respective advisories, Caltex, Cleanfuel, Seaoil, Unioil, and Petron shall slash P2 per liter on the price of gasoline products at the pump. On the other hand, the pump price of diesel shall increase by P0.40 per liter.

    Meanwhile, companies who offer kerosene shall reduce the product’s retail price by P0.50 per liter.

    The adjustments are set to take effect as early as 12:01 a.m. tomorrow (October 3) on some companies. Other local players are expected to follow suit.

    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:

    P2L oil price hike to be implemented this week

    PH oil price hike to continue this week

    Global oil prices rise as demand in China increases

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