Industry News

PH fuel price update: Another P2.10/L hike for diesel, P1.50/L for gas effective November 12

Ouch
Image of fuel pumps at a fuel station
PHOTO: Sharleen Banzon

Oh, boy—this is not going to be a good week to refuel your ride.  

For the period of November 12 to 18, 2024, diesel prices will go shoot by P2.10 per liter, marking the third consecutive week of upward-trending prices. Gasoline prices, too, will increase by P1.50 per liter. Finally, kerosene prices will have a price hike of P1.20 per liter.

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Once these adjustments take effect, gasoline and diesel prices will have gone up by P10.15/L and P9.40/L, respectively, since the beginning of 2024. Meanwhile, kerosene prices will have had a net decrease 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: November 12 to 18, 2024

Seaoil fuel price advisory for the week of November 12 to 18, 2024

Cleanfuel fuel price advisory for the week of November 12 to 18, 2024

2024 Fuel price changes:

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PHOTO: Sharleen Banzon
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