Industry News

PH fuel price update: Rollbacks for both diesel and gasoline effective December 12

Just enough to make a difference
Image of a car being refueled
PHOTO: Pixabay

Good news, everyone: There’s are rollbacks of more than P1 per liter for all fuel types this week. Not a massive decrease, but better than nothing.

Continuing the downward trend from last week, diesel prices are will decrease by P1.85 per liter for the week of December 12 to 18, 2023. Gasoline prices, meanwhile, will go down by P1.60 per liter, while kerosene prices will also roll back by P1.40 per liter.

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Once these adjustments take effect, diesel and gasoline prices will have gone up by P3.85/L and P11/L, respectively, since the beginning of 2023, while kerosene will have increased by P0.54/L from the start of the year.

Fuel attendant at fuel station

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 it is near your place residence or work. Running very low on fuel? We answer here if a glowing fuel warning light is that big a deal. You can also read here why buying fuel ‘tingi-tingi’ style is hurting your car.

We’re compiling the official advisories from various fuel companies below. Check back here for updates throughout the week.

Philippine fuel prices: December 12 to 18, 2023

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PHOTO: Pixabay
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