Search

Oil firms to end fuel price slide streak tomorrow

Price hikes not less than P1/L

Oil firms to end fuel price slide streak tomorrow

MANILA: Fuel companies in the Philippines are set to implement a price hike this week — ending the series of rollbacks that were conducted since the start of the month.

KEY TAKEAWAYS

  • What are the oil price adjustments this week?

    This week, companies shall add P1 per liter on gasoline and kerosene while diesel will have a P1.20-per-liter increase.

  • When will the adjustments take effect?

    The price movements will become effective tomorrow (August 20, 2024).

    • Based on their respective advisories, Caltex, Cleanfuel, Jetti, Petron, Seaoil, and Unioil shall jack up the retail price of gasoline products by P1 per liter and diesel by P1.20 per liter.

    In addition, Caltex, Petron, and Seaoil will also add P1 per liter on the retail price of kerosene.

    Fuel-pump Photo from Ruben Manahan IV

    The first price hike for the month August — which other firms are expected to apply — shall take effect tomorrow (August 20).

    Last week, local players slashed gasoline prices by P2.45 per liter, diesel by P1.90 per liter, and kerosene by P2.40 per liter.

    Also read:

    Firms to cut oil prices this week

    Oil firms to trim down fuel prices to welcome Aug. 2024

    Oil price hikes to continue for 2nd of Jul. 2024

    Ruben Manahan IV

    Ruben Manahan IV

    ruben.manahan[at]carmudi[dot]com[dot]ph

    Started his journalism stint as a cub reporter for a local daily. A certified news junkie, Fort had the chance to cover various beats—ranging from politics to lifestyle. However, his heart now belongs to motoring.

    Read Full Bio

    Sell your car at the best price

    Verified and genuine buyers Verified and genuine buyers
    Free listing Free listing
    List your car

    Trending & Fresh Updates

    You might also be interested in

    • News
    • Featured Stories

    Featured Cars

    • Upcoming
    • Kia Carens 2025
      Kia Carens 2025
      ₱1.57 Million Expected Price Muntinlupa
      Expected Launch TBA Alert Me When Launched
    • Toyota Vios 2025
      Toyota Vios 2025
      ₱832,000 Expected Price Muntinlupa
      Expected Launch TBA Alert Me When Launched
    • MG RX8
      MG RX8
      ₱1.05 Million Expected Price Muntinlupa
      Expected Launch TBA Alert Me When Launched
    • Omoda 7
      Omoda 7
      ₱1.5 Million Expected Price Muntinlupa
      Expected Launch TBA Alert Me When Launched
    • Nissan Ariya ev
      Nissan Ariya
      ₱5 Million Expected Price Muntinlupa
      Expected Launch TBA Alert Me When Launched

    Latest Car Videos on Zigwheels

    Zigwheels
    • Aito Super Factory Tour in Chongqing | Zigwheels.Ph
      Aito Super Factory Tour in Chongqing | Zigwheels.Ph
      18 Dec, 2025 .
    • 2025 Suzuki Fronx SGX Walkaround | Zigwheels.Ph
      2025 Suzuki Fronx SGX Walkaround | Zigwheels.Ph
      18 Dec, 2025 .
    • 2025 Mitsubishi Mirage G4 GLS Spec Guide | Zigwheels.Ph
      2025 Mitsubishi Mirage G4 GLS Spec Guide | Zigwheels.Ph
      18 Dec, 2025 .
    • The Honda Prelude is Here | Honda Fest 2025 Highlights | Zigwheels.Ph
      The Honda Prelude is Here | Honda Fest 2025 Highlights | Zigwheels.Ph
      18 Dec, 2025 .
    • 2025 Changan Nevo Hunter K50 Knight 4x4 Review | Zigwheels.Ph
      2025 Changan Nevo Hunter K50 Knight 4x4 Review | Zigwheels.Ph
      10 Dec, 2025 .
    • 2025 Geely Coolray Sport Plus Spec Guide | Zigwheels.Ph
      2025 Geely Coolray Sport Plus Spec Guide | Zigwheels.Ph
      10 Dec, 2025 .
    • 2026 Mitsubishi Destinator First Look | Zigwheels.Ph
      2026 Mitsubishi Destinator First Look | Zigwheels.Ph
      10 Dec, 2025 .
    • 2025 Hongqi EHS7 Review | Zigwheels.Ph
      2025 Hongqi EHS7 Review | Zigwheels.Ph
      10 Dec, 2025 .
    • 2025 Honda HR-V RS e:HEV Review | Carmudi Philippines
      2025 Honda HR-V RS e:HEV Review | Carmudi Philippines
      24 Nov, 2025 .
    • Honda Will NEVER Admit How Good the Brio Is - 2025 Honda Brio RS POV Review | Zigwheels.Ph
      Honda Will NEVER Admit How Good the Brio Is - 2025 Honda Brio RS POV Review | Zigwheels.Ph
      24 Nov, 2025 .
    Watch Car Videos

    Car Articles From Carmudi

    • journal
    • advice
    • financing
    • insurance
    • CAMPI-TMA Nov. 2025 YTD retail performance now at 420K
      CAMPI-TMA Nov. 2025 YTD retail performance now at 420K
      Ruben Manahan IV, Today
    • Toyota GR Corolla expands TMP sports car stable; price starts at P3.811-M
      Toyota GR Corolla expands TMP sports car stable; price starts at P3.811-M
      Ruben Manahan IV, Dec 18, 2025
    • MMDA bares temporary lane closure, stop-and-go scheme for MMFF parade
      MMDA bares temporary lane closure, stop-and-go scheme for MMFF parade
      Paulo Papa, Dec 17, 2025
    • LTO warns public vs. various fake news
      LTO warns public vs. various fake news
      Paulo Papa, Dec 15, 2025
    • Gasoline price hike to continue this Dec.
      Gasoline price hike to continue this Dec.
      Paulo Papa, Dec 15, 2025
    • Register & get OR/CR for your imported car the right way
      Register & get OR/CR for your imported car the right way
      Carmudi PH, Apr 16, 2025
    • How to handle a checkpoint: The right and wrong moves
      How to handle a checkpoint: The right and wrong moves
      Carmudi PH, Apr 14, 2025
    • Don’t risk it: Here’s how to confirm driver’s license validity
      Don’t risk it: Here’s how to confirm driver’s license validity
      Carmudi PH, Apr 08, 2025
    • Your complete guide to a Non-Professional Driver’s License
      Your complete guide to a Non-Professional Driver’s License
      Carmudi PH, Apr 04, 2025
    • Fixing errors or updating info? How to revise your driver’s license
      Fixing errors or updating info? How to revise your driver’s license
      Carmudi PH, Apr 02, 2025
    • First time buying a car? Here’s what to know about loans
      First time buying a car? Here’s what to know about loans
      Carmudi PH, Apr 10, 2025
    • Fast-track your car loan payoff with these hacks
      Fast-track your car loan payoff with these hacks
      Carmudi PH, Apr 06, 2025
    • Pasalo Car Financing: How it works & what to watch out for
      Pasalo Car Financing: How it works & what to watch out for
      Carmudi PH, Apr 03, 2025
    • Car loan issues? Here’s how to resolve disputes in the Philippines
      Car loan issues? Here’s how to resolve disputes in the Philippines
      Carmudi PH, Mar 22, 2025
    • Need better auto loan terms? Here’s how to refinance
      Need better auto loan terms? Here’s how to refinance
      Carmudi PH, Mar 21, 2025
    • Defensive driving tips for Filipino drivers – Smart habits that pay off
      Defensive driving tips for Filipino drivers – Smart habits that pay off
      Carmudi PH, Dec 15, 2025
    • Insurance for cars parked at home: Does it cover theft or fire?
      Insurance for cars parked at home: Does it cover theft or fire?
      Carmudi PH, Dec 12, 2025
    • Should you renew early or wait? A Filipino driver’s guide to smart car insurance timing
      Should you renew early or wait? A Filipino driver’s guide to smart car insurance timing
      Carmudi PH, Dec 10, 2025
    • Is vandalism covered? What to do if someone damages your parked car
      Is vandalism covered? What to do if someone damages your parked car
      Carmudi PH, Dec 08, 2025
    • Don’t panic after a hit-and-run: Here’s how car insurance helps Filipino drivers
      Don’t panic after a hit-and-run: Here’s how car insurance helps Filipino drivers
      Carmudi PH, Dec 05, 2025

    Compare

    You can add 3 variants maximum*

    Search Other Cars

    • Popular Car Brands
    • Trending Now
    • Cars by BodyType
    • Search by Interest
    CardekhoSEA
    Oto Carmudi zigwheels
    Choose your city to find options nearby
    Edit