Fuel prices continue to trend upward as we end the first half of 2024 and enter July.
For the week of June 25 to July 1, 2024, diesel prices will increase by another P1.75 per liter, which is the same as last week’s price hike. Gasoline prices will also go up by P1.40 per liter, bigger than the P0.85/L increase last week, while kerosene will also have a price hike of P1.05 per liter.
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Once these adjustments take effect, gasoline and diesel prices will have gone up by P8.30/L and P7.75/L, respectively, since the beginning of 2024. Meanwhile, kerosene prices will have had a net increase of P1.40/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: June 25 to July 1, 2024
2024 Fuel price changes:
- 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
