Industry News

PH fuel price update: P1.20/L increase for diesel effective October 8

There’s no price movement for gasoline
Image of a motorcycle being refueled
PHOTO: Adobe Stock

More fuel price hikes this week, everyone, and owners of diesel vehicles will take the brunt of the increase.

For the period of October 8 to 14, 2024, gasoline prices will remain unchanged, after going up by P0.45/L last week. Diesel prices will go again increase by P1.2 per liter, the highest in three consecutive weeks of upward adjustments. Finally, kerosene will have a price hike of P0.70 per liter.

OTHER STORIES YOU MIGHT HAVE MISSED:
Speed limiters in PUVs to be implemented soon
FYI, CTPL insurance is now available for purchase on MPT DriveHub

Once these adjustments take effect, gasoline and diesel prices will have gone up by P6.40/L and P4.05/L, respectively, since the beginning of 2024. Meanwhile, kerosene prices will have had a net decrease of P5.35/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: October 8 to 14, 2024

Seaoil fuel price advisory for the week of October 8 to 14, 2024

2024 Fuel price changes:

See Also

View other articles about:
PHOTO: Adobe Stock
  • TGP Rating:
    /20

    Starts at ₱

    TGP Rating:
    /20
    Starts at ₱