Gas, diesel prices decrease today

MANILA: The price of gasoline will increase by P0.40 per liter starting on Tuesday, October 4, and the price of diesel will decrease by P0.45 per liter, according to the most recent pronouncements from major fuel providers. 

This is the fifth consecutive week of fuel price rollbacks. 

Caltex have implemented the rollback on midnight Tuesday, while Petron and Shell have done the same from 6 a.m. onwards.

Around the same time as the above fuel companies, Cleanfuel, Flying V, Petro Gazz, Phoenix, PTT Philippines, Seaoil, and Unioil have followed the rollback.

According to reports, lower crude and premium transportation costs have led to lower petroleum product prices.

The Department of Energy's data indicates that since the start of 2022, the price of gasoline has adjusted by P14.00 per liter, P28.00 for diesel, and P23.00 for kerosene.

Motorists can modify their driving techniques to save fuel. They can opt for a fuel-efficient engine, lighten the load on their car, drive cautiously, keep in mind that speed affects fuel consumption, check the tire pressure in their car, lower the windows, turn off the air conditioning, and combine their journeys.

Photo from Chevron Philippines, Inc.

Also read: 4 tips guaranteed to help you save fuel, starring the Honda Brio RS