Oof. We’ll be seeing a much, much bigger price hike for fuel this week, motorists. Brace yourselves.
For the period of October 15 to 21, 2024, gasoline prices will go up by P2.65 per liter after seeing no movements last week. Diesel prices, meanwhile, will see an increase of P2.7 per liter, even higher than the price hikes from the past few weeks. Kerosene isn’t marked safe from the hefty increases, either, as it will have a price hike of P2.60 per liter.
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Once these adjustments take effect, gasoline and diesel prices will have gone up by P9.05/L and P6.75/L, respectively, since the beginning of 2024. Meanwhile, kerosene prices will have had a net decrease of P2.75/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: October 15 to 21, 2024
2024 Fuel price changes:
- P1.20/L increase for diesel effective October 8
- P0.90/L diesel price hike effective October 1
- P1.10/L increase for gasoline effective September 24
- Rollback of P1/L for gas, P1.30/L for diesel effective September 17
- P1.55/L rollback for gas, P1.30/L for diesel effective September 10
- PH fuel price update: P0.50/L increase for gasoline effective September 3
- Rollback of P1.90/L for diesel, P1.15/L for gas effective August 27
- Price hikes again for both gasoline, diesel effective August 20
