Diesel prices to get another rollback this week

It’s a more modest price reduction than previous ones.

Diesel vehicle users have more reasons to be happy this week, with further price reductions on their fuel of choice by Tuesday, August 2.

Hand holding gas nozzle

The downward trend in diesel prices continues

On its Facebook page, fuel price watchdog PH Fuel Watch announced that diesel prices will be slashed by between Php 0.50 and Php 0.75 per liter. Meanwhile, gasoline will cost between Php 0.70 and Php 1.00 higher per liter. The actual prices will vary depending on the gas station as well as location.

A separate advisory by Unioil on its social media channels had a similar message. The fuel company estimated diesel prices to go down by Php 0.60 to Php 0.70 per liter. For gasoline, the expected increase ranges from Php 0.60 to Php 0.80 per liter. Fuel discounts are offered to customers using specific membership and credit cards.

PH Fuel Watch FB post

PH Fuel Watch announced the estimated price movements for fuels this week

For Cleanfuel, price adjustments for Tuesday have been pegged at a Php 0.60 per liter reduction for diesel, while gasoline prices will climb by Php 0.75 per liter. These price movements will also take effect for Pilipinas Shell Petroleum Corporation and Petro Gazz.

Prices for liquefied petroleum gas (LPG) will also go down for the fourth straight month. Petron Corporation will be implementing a Php 2.05 per kilogram markdown by 12 a.m. Tuesday, accompanied by a Php 1.15 per liter reduction on Auto LPG.

Seaoil will be cutting back diesel and kerosene prices by Php 0.60 and Php 0.75 per liter, respectively, while gasoline prices hike by Php 0.75 per liter.

Cleanfuel fuel price update

Other oil companies such as Cleanfuel have more specific rates

The most recent data from the Department of Energy (DOE) reflect a year-to-date net increase of Php 18.90 per liter for gasoline, Php 32.95 per liter for diesel, and Php 28.05 per liter for kerosene as of July 26, 2022.

Meanwhile, LPG prices in Metro Manila have been pegged at between Php 836.04 and Php 1,022.60 for every 11-kilogram cylinder as of July 1, 2022.

Keep tabs on fuel price movements at Philkotse.com.

Joseph Paolo Estabillo

Author

Joseph holds a degree in Journalism from the University of the Philippines Diliman and has been writing professionally since 1999. He has written episodes for CNN Philippines' motoring show Drive, and has worked on corporate projects for MG Philippines and Pilipinas Shell. Aside from being Philkotse.com’s Content Lead, he also writes content for numerous car dealerships in the U.S., spanning multiple brands such as Alfa Romeo, Chrysler, Dodge, Jeep, and Maserati, among others.

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