We’re on to our third consecutive week of fuel price rollbacks, and owners of gasoline-powered vehicles should be particularly pleased.
For the week of May 14 to 20, 2024, gasoline prices will decrease by P2 per liter, which is the highest we’ve seen in weeks. Diesel prices are still trending downward, albeit not as dramatically, going down by P0.50 per liter, and kerosene will have a price rollback of P0.85 per liter.
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Once these adjustments take effect, gasoline and diesel prices will have gone up by P7.25/L and P4.20/L, respectively, since the beginning of 2024. Kerosene prices, meanwhile, will have decreased by P1.65/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: May 14 to 20, 2024
2024 Fuel price changes:
- Rollback of P0.90/L for diesel, P0.75/L for gas effective May 7
- Rollbacks for gasoline and diesel effective April 30
- P0.95/L diesel rollback, P0.55/L gas increase effective April 23
- Increase of P0.95/L for diesel, P0.40/L for gas effective April 16
- P1.55/L increase for diesel, P1.10/L hike for gas effective April 9
- P0.60/L diesel rollback, P0.45/L hike for gas effective April 2
