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
-
-
-
-
Honda Cars PH adds new color option for BR-VRuben Manahan IV . Nov 13, 2024
-
-
Suzuki PH opens Otis dealershipRuben Manahan IV . Nov 13, 2024
-
-
Ford PH revives YES promoPaulo Papa . Nov 08, 2024
-
-
-
-
Recommended Articles For You
-
-
-
Ford PH revives YES promoPaulo Papa . Nov 08, 2024
-
-
-
Featured Cars
- Latest
- Upcoming
- Popular
Car Articles From Zigwheels
- News
- Article Feature
- Advisory Stories
- Road Test
-
DOTr headlines major projects to fix ‘unacceptable’ transport status quoCesar Miguel . Today
-
Hyundai Motor PH returns to Auto Focus Pre-Christmas Test Drive FestivalPaulo Papa . Today
-
GAC Motor PH to open dealership in Nueva EcijaRuben Manahan IV . Today
-
VinFast maintains top spot in Vietnam auto marketPaulo Papa . Today
-
Test ride the latest Jetour models at 2024 Auto Focus Pre-Christmas Test Drive FestivalPaulo Papa . Today
-
Check out the pros and cons of the MG OneCesar Miguel . Nov 14, 2024
-
These are the Changan CS55 Plus' pros and consCesar Miguel . Nov 13, 2024
-
Have a look at the Hyundai Custin's roomy interiorCesar Miguel . Nov 13, 2024
-
Ford Ranger Raptor: pros and consCesar Miguel . Nov 12, 2024
-
These are Hyundai Stargazer X's 3 appealing huesCesar Miguel . Nov 11, 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
-
MG One Lux: smooth operatorCesar Miguel . Today
-
Toyota Corolla Cross H2 Concept: what we have learned so farRuben Manahan IV . Nov 05, 2024
-
MG 3 Hybrid Plus: Quick and practicalCesar Miguel . Oct 31, 2024
-
Toyota Avanza G CVT: Dashingly dependablePaulo Papa . Oct 14, 2024
-
2022 Honda Civic RS Turbo CVT Honda SENSING: one of sedan segment's major thrustersRuben Manahan IV . Sep 25, 2024
