Industry News

PH fuel price update: P0.40/L increase for both gasoline, diesel effective May 28

This ends four consecutive weeks of rollbacks for gasoline
A car being refueled at a fuel station
PHOTO: Shutterstock

No more rollbacks this week, everyone—we have fuel price increases across the board.

For the week of May 28 to June 3, 2024, diesel prices will go up by P0.40 per liter, which is higher than last week’s P0.25/L price hike.  Gasoline prices will also increase by P0.40 per liter, ending four consecutive weeks of rollbacks.

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Once these adjustments take effect, gasoline and diesel prices will have gone up by P7.55/L and P4.85/L, respectively, since the beginning of 2024.

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 28 to June 3, 2024

Cleanfuel fuel price advisory for the week of May 28 to June 3, 2024

2024 Fuel price changes:

See Also

PHOTO: Shutterstock
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