Industry News

PH fuel price update: P0.40/L rollback for diesel, slight hike for gas effective July 23

Mixed movement this week
fuel pump on a motorcycle
PHOTO: Leandre Grecia

Fuel prices will have mixed movement this week, but upward changes in price are at least minimal.

For the period of July 23 to 29, 2024, gasoline prices will go up again by P0.10 per liter, after finally going down last week following consecutive price hikes. Diesel prices, meanwhile, will decrease by P0.40 per liter, continuing last week’s trend. Finally, kerosene will have a price rollback of P0.70 per liter

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Once these adjustments take effect, gasoline and diesel prices will have gone up by P10.35/L and P7.70/L, respectively, since the beginning of 2024. Meanwhile, kerosene prices will have had a net increase of P0.50/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 23 to 29, 2024

Seaoil fuel price advisory for the week of July 23 to 29, 2024

Cleanfuel fuel price advisory for the week of July 23 to 29, 2024

2024 Fuel price changes:

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PHOTO: Leandre Grecia
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