Oil prices go down after two months
Consumers can now breathe a sigh of relief as oil companies are set to implement a price slash after nine consecutive increases at the pump since May.
In an advisory, Shell Philippines and Cleanfuel announced that they are set to cut the prices of gasoline by P0.65 per liter tomorrow (Tuesday, July 7).
However, no price movement shall be implemented on diesel.
Kerosene prices, Shell advised, will also be reduced by P0.40 per liter.
Other oil companies are expected to reflect the same adjustments.
Since May 5, oil prices went up by at least P10 per liter for gasoline, P8 per liter for diesel, and P9 per liter for kerosene.
The last increase on prices was last week, as gasoline went up by P0.70, P0.40 per liter for kerosene and P0.30 per liter for diesel.
Also read:
Local Oil Chief says Global Oil Price Collapse Good for Import-Dependent PH
Top 24 Fuel Efficient Cars In The Philippines
5 Tips on How To Get Better Fuel Economy while Driving on Highway
Featured Articles
- Latest
- Popular
-
CAMPI-TMA sales grow 8.9% in Jan.-Oct. 2024Ruben Manahan IV . Nov 15, 2024
-
-
VinFast sells over 11k EVs in Oct. 2024Paulo Papa . Nov 15, 2024
-
-
Honda Cars PH adds new color option for BR-VRuben Manahan IV . Nov 13, 2024
-
-
-
-
-
Fuel prices to go up anew this weekRuben Manahan IV . Nov 11, 2024
-
Honda Cars PH adds new color option for BR-VRuben Manahan IV . Nov 13, 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
-
NCR mayors approve revised towing, impounding guidelinesRuben Manahan IV . Today
-
Mitsubishi buys back stake from NissanPaulo Papa . Today
-
Changan Auto PH celebrates 1st anniversary, looks back at milestonesPaulo Papa . Today
-
Honda Cars PH showcases latest models at Auto Focus Pre-Christmas Test Drive Festival 2024Paulo Papa . Nov 15, 2024
-
New Ford Ranger Raptor V6 up for test drives at Auto Focus Pre-Christmas Test Drive Festival 2024Paulo Papa . Nov 15, 2024
-
Check out the Hyundai Ioniq 5's charming colorsCesar Miguel . Nov 15, 2024
-
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
-
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 . Nov 15, 2024
-
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
