Fuel companies to impose major rollbacks this week

Latest price cut as big as P1.5/L

Fuel companies to impose major rollbacks this week

MANILA: Fuel players in the Philippines are set to reduce the pricing of their products at the pump this week.

KEY TAKEAWAYS

  • What are the oil price adjustments this week?

    This week, gasoline will go down by P1.55 per liter, diesel by P1.30 per liter, and kerosene by P1.40 per liter.
  • When will the adjustments take effect?

    The movements in pricing will become effective starting tomorrow September 10, 2024
  • Based on their respective advisories, Cleanfuel, Caltex, Jetti, Petron, Seaoil, and Unioil stated that they will trim down the retail price of gasoline products by P1.55 per liter and diesel by P1.30 per liter.

    In addition, kerosene shall also slide by P1.40 per liter as announced by Caltex, Petron, and Seaoil.

    Photo from Ruben Manahan IV

    The aforementioned adjustment in the retail prices — which other companies are expected to similarly implement — will take effect starting tomorrow (September 10).

    Last week, local oil firms jacked up the price of gasoline products by P0.50 per liter, diesel by P0.30 per liter, and kerosene by P0.70 per liter.

    Also read:

    Oil firms to implement major pump price rollbacks anew

    Oil firms to end fuel price slide streak tomorrow

    Oil firms to implement 3rd straight price slide for Aug. 2024

    Ruben Manahan IV

    Ruben Manahan IV

    Started his journalism stint as cub reporter for a local daily, Fort has been a news junkie ever since he started his career. He has covered for various sections of the newspaper ranging from politics to lifestyle, but his heart now belongs to motoring.

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