PH fuel-price update: Diesel to go down by 2.3/L, gas to go up by 3.95/L this week

by TopGear.com.ph | May 23, 2022
fuel pump, gas pump, fuel prices ph, ph fuel prices, fuel excise tax ph, fuel price
PHOTO: Leandre Grecia

We’ve finally gotten word on this week’s fuel-price adjustments. Which do you want us to break first: the good news or the bad news?

Bad news it is. According to Cleanfuel’s latest advisory, gasoline prices will go up by P3.95 per liter this week. The good news is that diesel products will see a P2.3 per liter rollback. Look:

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If you own a diesel-powered vehicle, you can probably breathe a sigh of relief, as this marks the second week in a row that diesel prices get a sizeable rollback. If your car’s fueled by gas, then this will be a huge hit for you, seeing as prices only went down by a few centavos the last time around.

Once we get more confirmation from other fuel companies later today, we’ll update this story, so check back in here again for further updates.

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PHOTO: Leandre Grecia
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