The fuel price hikes are set to continue this week, unfortunately, and owners of gasoline-powered vehicles will have to deal with a bigger increase.
For the period of July 9 to 15, 2024, gasoline prices will go up by P1.60 per liter, which is substantially higher than last week’s P0.95/L hike. Diesel prices will also increase by another P0.65 per liter, same as last week. Finally, kerosene will have a price hike of P0.60 per liter.
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Once these adjustments take effect, gasoline and diesel prices will have gone up by P10.85/L and P9.05/L, respectively, since the beginning of 2024. Meanwhile, kerosene prices will have had a net increase of P2.35/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 9 to 15, 2024
2024 Fuel price changes:
- Increase of P0.95/L for gas, P0.65/L hike for gas effective July 2
- 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
