Not the ideal start to the second half of the year: We’re getting fuel price increases for the third consecutive week.
For the period of July 2 to 8, 2024, gasoline prices will increase by P0.95 per liter, after last week’s P1.40/L hike. Diesel prices will also go up by P0.65 per liter, which is at least lower than the P1.75/L upward movements of the past two weeks. Finally, kerosene will have a price hike of P0.35 per liter.
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Once these adjustments take effect, gasoline and diesel prices will have gone up by P9.25/L and P8.40/L, respectively, since the beginning of 2024. Meanwhile, kerosene prices will have had a net increase of P1.75/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: July 2 to 8, 2024
2024 Fuel price changes:
- 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
