Two consecutive weeks of fuel price rollbacks—not a bad start at all for May. We don’t know how long the streak will last, but for now, we can take advantage of this slight reprieve.
For the week of May 7 to 13, 2024, gasoline prices will decrease by P0.75 per liter, which is bigger than last week’s P0.25/L price cut. Diesel prices will also go down by P0.90 per liter, and kerosene will have a price rollback of P1.05 per liter.
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Once these adjustments take effect, gasoline and diesel prices will have gone up by P9.25/L and P4.70/L, respectively, since the beginning of 2024. Kerosene prices, meanwhile, will have decreased by P0.80/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 7 to 13, 2024
2024 Fuel price changes:
- 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
