PH fuel price update: Price hikes of P3.10/L for diesel, P0.80/L for gas starting June 21

Third straight week of increasing prices
by TopGear.com.ph | Jun 18, 2022
Fuel price projections in the Philippines for June 21 to 27, 2022
PHOTO: Shutterstock

Fuel prices are still expected to go up this coming week, but the increase won’t be as big as in the two previous weeks.

For June 21 to 27, 2022, there will be a price hike of P3.10 per liter for diesel, while gasoline prices will go up by P0.80 per liter. Last week, the increases were P4.30/L and P2.15/L for diesel and gasoline, respectively.

OTHER STORIES YOU MIGHT HAVE MISSED:
Everything you need to know about the Yamaha Mio Fazzio
With today’s high fuel prices, we could use a car like the Microlino

We don’t know yet if this trend will continue throughout the month, but the Department of Energy has already warned of more fuel price hikes in June. Earlier this week, the Philippine National Taxi Operators Association appealed for a P20 increase to the current taxi flag-down rate, which was set when fuel prices ranged from P40 to P45 liter. Asked about the dwindling number of jeepneys on the road, the Inter-Agency Council on Traffic acknowledged that high fuel costs are to blame, but appealed to jeepeney drivers to keep plying their routes as public service.

Continue reading below ↓

The Metropolitan Manila Development Authority (MMDA) also observed that traffic volume appears to be decreasing due to the recent fuel price hikes, and stated that for this reason, an expansion of the number coding scheme is not needed at the moment.

Continue reading below ↓
Recommended Videos

Fuel price increase for June 21 to 27, 2022:

Continue reading below ↓

NOTE: This story was updated on June 20, 2022, at 12nn.

See Also

Top Gear Philippines is now on Quento! Click here to download the app and enjoy more articles and videos from Top Gear Philippines and your favorite websites.

View other articles about:
Recommended Videos
PHOTO: Shutterstock
  • Quiz Results

  • TGP Rating:
    /20

    Starts at ₱

    TGP Rating:
    /20
    Starts at ₱