Industry News

PH fuel price update: Diesel price hike of P0.75/L effective July 11

And a slight rollback for gasoline
Car being refueled
PHOTO: Adobe Stock

We’re seeing mixed movements for fuel prices this week, but if your ride is a diesel, it’s bad news for you: The price hike is considerable.

According to the latest advisory from various fuel companies, gasoline prices will go down by P0.20 per liter for the week of July 11 to 17, 2023. Diesel prices will, however, will increase by P0.75 per liter, and kerosene prices will roll go up by P0.50 per liter.

OTHER STORIES YOU MIGHT HAVE MISSED:
ICYMI: P4-M in cash on highway, MMDA bodycams, PNR’s imminent closure
Confirmed: Toyota to launch all-new Wigo on July 14, prices start at P609k

What does that do in terms of net fuel price changes for the year? Once these adjustments take effect, gasoline prices will have gone up by P5.65/L since the beginning of 2023. Meanwhile, diesel prices will have seen a net decrease of P2.95/L since the start of the year. Fuel price movements for the past few weeks are linked below.

Image of a motorcycle being refueled

As always, it’s important to note that fuel prices may vary depending on location and the brand of the fuel station. Found less expensive fuel from another brand? We discuss here if mixing different brands of fuel is bad for your vehicle. You can also read here why buying fuel ‘tingi-tingi’ style is hurting your car. And if you want to try stretching your tank of fuel over a longer distance, check out these fuel-saving tips.

We’re compiling the official advisories from various fuel companies below. Check back here for updates throughout the week.

Philippine fuel prices: July 11 to 17, 2023

The past few weeks in fuel prices:

See Also

PHOTO: Adobe Stock
  • TGP Rating:
    /20

    Starts at ₱

    TGP Rating:
    /20
    Starts at ₱