Search

PH oil firms to halt 3-week price-hike streak

Reductions as high as P0.85/L starting tomorrow

PH oil firms to halt 3-week price-hike streak

MANILA: Fuel companies in the Philippines are ending the string of recent price hikes that occurred in the past three weeks.

KEY TAKEAWAYS

  • What are the price adjustments this week?

    This week, oil firms will cut down the price of gasoline products by P0.50 per liter, diesel by P0.70 per liter, and kerosene by P0.85 per liter.

  • When will the adjustments take effect?

    The adjustments will take effect on October 22, 2024.

    • Based on their respective advisories, Caltex, Cleanfuel, Jetti, Seaoil, and Unioil shall trim down the pricing of gasoline products by P0.50 per liter, and diesel by P0.70 per liter.

    In addition, some of the aforementioned companies shall also reduce the price of kerosene by P0.85 per liter.

    Fuel-pump Photo from Ruben Manahan IV

    The price adjustment is set to take place tomorrow (October 22) — with other companies expected to follow suit.

    Last week, local players raised the price of gasoline by P2.65 per liter, diesel by P2.70 per liter and kerosene P2.60 per liter.

    Also read:

    Diesel, kerosene pump price hikes continue

    Motorists welcome Q4 2024 with fuel price hikes

    Oil companies to stop Sep. 2024 price-cut streak this week

     

    Ruben Manahan IV

    Ruben Manahan IV

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

    Started his journalism stint as cub reporter for a local daily, Fort has been a news junkie ever since he started his career. He has covered for various sections of the newspaper ranging from politics to lifestyle, but 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

    PIMS 2024

    Trending & Fresh Updates

    You might also be interested in

    • News
    • Featured Stories

    Featured Cars

    • Upcoming
    • Geely Coolray 2025
      Geely Coolray 2025
      ₱1.199 - 1.299 Million Expected Price Manila
      Expected Launch TBA Alert Me When Launched
    • Kia Carens 2025
      Kia Carens 2025
      ₱1.57 Million Expected Price Manila
      Expected Launch TBA Alert Me When Launched
    • Toyota Vios 2025
      Toyota Vios 2025
      ₱832,000 Expected Price Manila
      Expected Launch TBA Alert Me When Launched
    • Omoda E5 ev
      Omoda E5
      ₱1.9 Million Expected Price Manila
      Expected Launch TBA Alert Me When Launched
    • MG RX8
      MG RX8
      ₱1.05 Million Expected Price Manila
      Expected Launch TBA Alert Me When Launched

    Latest Car Videos on Zigwheels

    Zigwheels
    • Toyota Yaris Cross V Spec Guide | Zigwheels.Ph
      Toyota Yaris Cross V Spec Guide | Zigwheels.Ph
      13 Dec, 2024 .
    • 2025 Toyota Tamaraw First Look | Zigwheels.Ph
      2025 Toyota Tamaraw First Look | Zigwheels.Ph
      11 Dec, 2024 .
    • 2025 Mitsubishi Montero Sport Black Series 4x4 Spec Guide | Zigwheels.Ph
      2025 Mitsubishi Montero Sport Black Series 4x4 Spec Guide | Zigwheels.Ph
      05 Dec, 2024 .
    • 2024 Kia Sonet SX Review | Zigwheels.Ph
      2024 Kia Sonet SX Review | Zigwheels.Ph
      05 Dec, 2024 .
    • Kia EV3 and EV5 First Look at Kia EV Day 2024 | Zigwheels.Ph
      Kia EV3 and EV5 First Look at Kia EV Day 2024 | Zigwheels.Ph
      05 Dec, 2024 .
    • 2025 Mitsubishi Montero Sport Black Series 4x4 Review | Zigwheels.Ph
      2025 Mitsubishi Montero Sport Black Series 4x4 Review | Zigwheels.Ph
      05 Dec, 2024 .
    • 2024 Toyota Yaris Cross V Review | Zigwheels.Ph
      2024 Toyota Yaris Cross V Review | Zigwheels.Ph
      05 Dec, 2024 .
    • 2024 VinFast VF 5 Review | Zigwheels.Ph
      2024 VinFast VF 5 Review | Zigwheels.Ph
      05 Dec, 2024 .
    • 2024 Honda CR-V RS e:HEV Review | Zigwheels.Ph
      2024 Honda CR-V RS e:HEV Review | Zigwheels.Ph
      25 Nov, 2024 .
    • 2025 BYD Seal 5 DM-i First Look | Zigwheels.Ph
      2025 BYD Seal 5 DM-i First Look | Zigwheels.Ph
      21 Nov, 2024 .
    Watch Car Videos

    Car Articles From Carmudi

    • journal
    • advice
    • financing
    • insurance
    • LTO to intensify ‘road presence’ in time for holidays
      LTO to intensify ‘road presence’ in time for holidays
      Ruben Manahan IV, Dec 10, 2024
    • ‘Mixed’ pump price adjustments to continue this week
      ‘Mixed’ pump price adjustments to continue this week
      Ruben Manahan IV, Dec 09, 2024
    • Bosch 12.12 Sale starts today
      Bosch 12.12 Sale starts today
      Ruben Manahan IV, Dec 09, 2024
    • Momo makes PH comeback
      Momo makes PH comeback
      Ruben Manahan IV, Dec 05, 2024
    • Improvised license plates usage guidelines still suspended ‘until further notice’, LTO clarifies
      Improvised license plates usage guidelines still suspended ‘until further notice’, LTO clarifies
      Ruben Manahan IV, Dec 04, 2024
    • Senior citizens and driver’s license: What changes after 60?
      Senior citizens and driver’s license: What changes after 60?
      Carmudi PH, Dec 09, 2024
    • How EVIDA is shaping the future of EV registration in the Philippines
      How EVIDA is shaping the future of EV registration in the Philippines
      Carmudi PH, Dec 03, 2024
    • Here’s how to add and verify a medical certificate on the LTMS portal
      Here’s how to add and verify a medical certificate on the LTMS portal
      Carmudi PH, Nov 25, 2024
    • Emergency guide: How to handle brake failure safely
      Emergency guide: How to handle brake failure safely
      Carmudi PH, Nov 21, 2024
    • Save your clutch: 5 things manual drivers should never do
      Save your clutch: 5 things manual drivers should never do
      Carmudi PH, Nov 15, 2024
    • Hyundai Finance: Exploring Hyundai Philippines’ range of car payment options
      Hyundai Finance: Exploring Hyundai Philippines’ range of car payment options
      Carmudi PH, Dec 02, 2024
    • Understanding Balloon Payment: A flexible financing option for Filipino buyers
      Understanding Balloon Payment: A flexible financing option for Filipino buyers
      Carmudi PH, Nov 23, 2024
    • How to negotiate the best interest rate for your car loan
      How to negotiate the best interest rate for your car loan
      Carmudi PH, Nov 11, 2024
    • Top 15 banks for affordable car loans in the Philippines
      Top 15 banks for affordable car loans in the Philippines
      Carmudi PH, Oct 10, 2024
    • Car loans made simple for OFWs: Everything you need to know
      Car loans made simple for OFWs: Everything you need to know
      Carmudi PH, Oct 03, 2024
    • Why you need automatic car insurance coverage in the Philippines
      Why you need automatic car insurance coverage in the Philippines
      Carmudi PH, Dec 06, 2024
    • Understanding Pay-How-You-Drive Insurance in the Philippines
      Understanding Pay-How-You-Drive Insurance in the Philippines
      Carmudi PH, Nov 28, 2024
    • Reviewing Oona Car Insurance: Benefits, key features, cost and more
      Reviewing Oona Car Insurance: Benefits, key features, cost and more
      Carmudi PH, Nov 19, 2024
    • Reviewing SGI Car Insurance: Pros, cons, coverage options & more
      Reviewing SGI Car Insurance: Pros, cons, coverage options & more
      Carmudi PH, Oct 31, 2024
    • No car insurance? Here’s what all wrong can happen in the Philippines
      No car insurance? Here’s what all wrong can happen in the Philippines
      Carmudi PH, Oct 29, 2024

    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