PH fuel price update: Diesel up by P2.60/L, gas by P0.70/L effective August 23

by TopGear.com.ph | Aug 19, 2022
A fuel station attendant refueling a vehicle
PHOTO: Shutterstock

UPDATE, August 22, 2022. Well, let’s brace ourselves: The streak of diesel price rollbacks seems to be coming to an end, just in time for the start of classes.

For the week of August 23 to 29, 2022, the price changes are as follows: an increase of P2.60 per liter for diesel, and an increase of P0.70 per liter for gasoline. Kerosene prices are also up by P2.80 per liter.

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As of August 23, gasoline prices have gone up by a net P18.15/L since the start of the year, with prevailing retail pump prices ranging from P64.34 to P75.34 for 91-octane gasoline. Diesel, meanwhile, has had a net price increase of P31.70/L, with current pump prices ranging from P70.54 to P80.20. Finally, kerosene has seen a P27.10/L net increase since the beginning of 2022.

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We’re compiling the announcements from oil companies below:

Philippine fuel prices, August 23 to 29, 2022:

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