Oil companies roll back fuel pump prices | Inquirer News

Oil companies roll back fuel pump prices

/ 04:50 AM May 17, 2022
Fuel gas pumps. STORY: Oil companies roll back fuel pump prices


MANILA, Philippines — Oil companies slashed prices of fuel products on Tuesday, a week after imposing a hefty price hike.

The price of gasoline decreased by 40 centavos per liter while that of diesel declined by P3.10 per liter and kerosene by P2.10 per liter.


As of May 10, the net cumulative net increase in domestic fuel prices has hit P22 per liter for gasoline, P34.50 per liter for diesel, and P29.75 per liter for kerosene, according to the Department of Energy’s weekly monitoring.

In Metro Manila, petroleum products are sold for as low as about P68 per liter to as high as around P89 per liter.




No oil supply problem in PH, but rising prices prompt call for deregulation review

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: fuel prices, oil firm
For feedback, complaints, or inquiries, contact us.

© Copyright 1997-2022 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.