We’re back to mixed fuel price movements this week, but for now, the price changes are minimal for both gasoline and diesel.
For the week of May 21 to 27, 2024, diesel prices will increase by P0.25 per liter, after four consecutive weeks of rollbacks. Meanwhile, gasoline prices will still go down, but only by P0.10 per liter. Kerosene will have a price hike of P0.30 per liter.
OTHER STORIES YOU MIGHT HAVE MISSED:
Zero tariffs for hybrid, plug-in hybrid vehicles approved by PBBM
The LTO has just made a major amendment on special plates
Once these adjustments take effect, gasoline and diesel prices will have gone up by P7.15/L and P4.45/L, respectively, since the beginning of 2024. Kerosene prices, meanwhile, will have decreased by P1.35/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: May 21 to 24, 2024
2024 Fuel price changes:
- P2/L rollback for gasoline effective May 14
- 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
