Industry News

PH fuel price update: Slight decrease for diesel, gasoline effective January 2

May 2024 bring more rollbacks
Image of a fuel station attendant refueling a vehicle
PHOTO: Unioil

Fuel prices are going down across the board this first week of the new year, and while the price changes are minimal, fingers crossed we see more rollbacks in 2024.

For the week of January 2 ro 8, gasoline prices will decrease by P0.10 per liter. Diesel prices will also go down by P0.35 per liter, and kerosene prices will roll back by P1.40 per liter.

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In 2023, diesel and prices went up by P5.65/L and 12.60/L, respectively, for the entire year, while kerosene prices increased by P1.23/L.

Image of a motorcycle being refueled

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 it is near your place 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: January 2 to 8, 2024

See Also

PHOTO: Unioil
  • TGP Rating:
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    TGP Rating:
    /20
    Starts at ₱