After last week’s pretty generous rollbacks, we’re back to fuel price hikes this week.
For the period of August 20 to 26, 2024, gasoline prices will go up by P1.00 per liter, while diesel prices will also increase by P1.20 per liter. Finally, kerosene will have a price hike of P1.00 per liter.
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Once these adjustments take effect, gasoline and diesel prices will have gone up by P8.05/L and P5.95/L, respectively, since the beginning of 2024. Meanwhile, kerosene prices will have had a net decrease of P2.15/L since the start of the year.
If you want to save up on fuel costs, remember that fuel prices may vary depending on location and the brand of the fuel station; it might be cheaper somewhere along your regular route than near your place of residence or work. Is your car consuming more fuel than usual? Here’s one thing to check. While we’re at it, here are the signs your fuel injectors could be failing.
Philippine fuel prices: August 20 to 26, 2024


2024 Fuel price changes:
- Minimal price rollbacks for diesel and gasoline effective August 6
- Rollbacks of less than P1/L for gas, diesel effective July 30
- P0.95/L rollback for diesel effective July 16
- P1.60/L increase for gasoline effective July 9
- Increase of P0.95/L for gas, P0.65/L hike for gas effective July 2
- P1.75/L increase for diesel, P1.40/L hike for gas effective June 25
- P1.75/L increase for diesel effective June 18
- P1.20/L rollback for diesel effective June 11
- P0.40/L increase for both gasoline, diesel effective May 28
- P0.25/L hike for diesel, P0.10/L rollback for gas effective May 21
- P2/L rollback for gasoline effective May 14
- Rollback of P0.90/L for diesel, P0.75/L for gas effective May 7