Industry News

PH fuel price update: P0.10/L hike for both for gasoline, diesel effective January 9

Increase agad!
Person reaching out for a fuel pump at a fuel station
PHOTO: Adobe Stock

Welcome, everyone, to the first set of price hikes in 2024.

For the week of January 9 to 15, 2024, gasoline, diesel, and kerosene will all increase by P0.10 per liter. This negates the rollbacks from last week.

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That means in 2023, the net price changes for diesel and kerosene, respectively, are a decrease of P0.25/L and P1.30/L, while for gasoline, the net change is zero.

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 9 to 15, 2024

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PHOTO: Adobe Stock
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