PH fuel price update: Diesel to go up by P6.85/L this week

Gas prices will go up by P1.20 per liter
by TopGear.com.ph | Oct 7, 2022
fuel pump in a gas station
PHOTO: Leandre Grecia

UPDATE: October 10, 2022. Fuel prices have continued to go down over the past few weeks. Good news, right? Well, after that barely-a-rollback a few days ago, reports have come out that there’ll be yet another sizeable price hike for next week.

Cleanfuel has just released an advisory, and it appears diesel prices will go up by a whopping P6.85 per liter for the week of October 11 to 17, 2022, significantly higher than price-hike projection from the past weekend. Gasoline prices, meanwhile, will shoot up by P1.20 per liter—also a bit more than what was expected.

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After these changes take effect, gasoline prices will have gone  up by a net P15.65/L since the beginning of 2022, with prevailing retail pump prices ranging from P65.70 to P72.15 per liter for 91-octane gasoline. Diesel, meanwhile, will have had a net price increase of P35.80/L, with current pump prices ranging from P73.15 to P89.94 per liter.

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We’re compiling the official advisories from various fuel companies below. We’ll be updating this article with more announcements as we have them.

Philippine fuel prices, October 11 to 17, 2022:

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PHOTO: Leandre Grecia
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