Pump prices slide down to mark first adjustment for 2024
Adjustments on diesel, gasoline not more P0.35/L
MANILA: Fuel companies in the Philippines trimmed down their pricing of products at the pump to mark their first adjustment for 2024.
KEY TAKEAWAYS
How much was the first price adjustment for 2024?
Oil companies reduced the pump prices of gasoline products by P0.10 per liter, diesel by P0.35 per liter and kerosene by P1.40 per liter.When did the price adjustments start?
The movements in the pricing was made as early as 12:01 a.m. of January 2.Based on their announcements, Cleanfuel, Flying V, Jetti, Petron, Seaoil, and Unioil said that they are set to cut the prices of gasoline products by P0.10 per liter and diesel by P0.35 per liter.
In addition, Flying V, Petron, and Seaoil fuel stations also shall implement a P1.40-per-liter slash on kerosene products.
Some of the local oil firms implemented the aforementioned rollbacks as early as 12:01 a.m. of January 2.
Photos from Ruben Manahan IV
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