Oil players to conduct big-time price rollback tomorrow
Oil players in the Philippines on Monday announced that it will conduct more price cuts at the pump this week following the two consecutive downward adjustments since the last week of April 2023.
KEY TAKEAWAYS
How much will be the fuel price adjustments for May 9, 2023?
Companies will reduce the prices of gasoline products by P2.20 per liter, diesel by P2.70 per liter, and kerosene by P2.25 per liter.What time will the adjustments take place?
The adjustments could reflect as early as 12:01 a.m. tomorrow.Based on their respective advisories, Caltex, Cleanfuel, Petron, Seaoil, and Unioil are set to slash P2.20 per liter on the pump price of gasoline products and P2.70 per liter on diesel.
In addition, many of the aforementioned companies stated that they will reduce the retail price of kerosene by P2.55 per liter.
The movement of price at the pump — which other fuel companies are expected to follow suit — shall begin at 12:01 a.m. tomorrow (May 9).
Last week, the price of gasoline went down by P1.50 per liter, diesel by P1.30 per liter, and kerosene by P1.40 per liter.
Photos from Ruben Manahan IV
Also read:
Oil firms to stop April 2023 pump price hikes
Featured Articles
- Latest
- Popular
-
Fuel pump prices continue to rise on X-MasRuben Manahan IV . Dec 23, 2024
-
Top gifts for 2nd-hand vehiclesPaulo Papa . Dec 23, 2024
-
-
-
-
Bosch 12.12 Sale starts todayRuben Manahan IV . Dec 09, 2024
-
-
Top gifts for 2nd-hand vehiclesPaulo Papa . Dec 23, 2024
-
Fuel pump prices continue to rise on X-MasRuben Manahan IV . Dec 23, 2024
Recommended Articles For You
-
Fuel pump prices continue to rise on X-MasRuben Manahan IV . Dec 23, 2024
-
-
-
-
Bosch 12.12 Sale starts todayRuben Manahan IV . Dec 09, 2024
-
Momo makes PH comebackRuben Manahan IV . Dec 05, 2024
Featured Cars
- Latest
- Upcoming
- Popular
Car Articles From Zigwheels
- News
- Article Feature
- Advisory Stories
- Road Test
-
Honda, Nissan start business integration plan talksRuben Manahan IV . Dec 23, 2024
-
GAC Motor PH has sold over 3k cars from Jan-Nov 2024Cesar Miguel . Dec 23, 2024
-
Toyota PH, Ernie Gawilan conducts nationwide mangrove planting projectCesar Miguel . Dec 23, 2024
-
Pangilinan-led expressways to waive toll fees for holidaysRuben Manahan IV . Dec 23, 2024
-
CAMPI-TMA hits 425k-unit mark for Jan.-Nov. 2024Ruben Manahan IV . Dec 23, 2024
-
Zigwheels PH: Top 7 vehicles to look forward to in 2025Cesar Miguel . Today
-
Zigwheels PH: top 5 X-mas gifts for car ownersCesar Miguel . Dec 23, 2024
-
Here are the VinFast VF 3's 9 energetic shadesCesar Miguel . Dec 19, 2024
-
Hyundai Stargazer X vs. the competitionCesar Miguel . Dec 18, 2024
-
Cushy crossover clash: MG One vs. Ford TerritoryCesar Miguel . Dec 18, 2024
-
Here are some ideal destinations and safety tips for the upcoming Holy WeekPaulo Papa . Mar 08, 2024
-
Here are some New Year’s resolutions for car ownersPaulo Papa . Jan 03, 2024
-
PH auto market: 2023 in retrospectPaulo Papa . Dec 15, 2023
-
Here’s a holiday gift guide for car enthusiastsHazel Nicole Carreon . Dec 15, 2023
-
Oil players cut pump prices anewPaulo Papa . Nov 14, 2023
-
Land Rover Defender 110 S D250: King of versatilityCesar Miguel . Dec 12, 2024
-
2024 Ford Explorer Limited: reliable 6th manRuben Manahan IV . Dec 02, 2024
-
Honda Civic RS e:HEV: refined, athleticCesar Miguel . Nov 28, 2024
-
Ford Ranger Wildtrak 4X4: rugged, refinedPaulo Papa . Nov 19, 2024
-
MG One Lux: smooth operatorCesar Miguel . Nov 15, 2024
