Industry News

PH fuel price update: Price hikes again for both gasoline, diesel effective August 20

After last week’s rollbacks
fuel pump in a gas station
PHOTO: Leandre Grecia

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

Cleanfuel fuel price advisory for the period of August 20 to 26, 2024

Seaoil fuel price advisory for the period of August 20 to 26, 2024

2024 Fuel price changes:

See Also

PHOTO: Leandre Grecia
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    TGP Rating:
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    Starts at ₱