The latest updates on fuel prices in Metro Manila

Updated Dec 23, 2019 | Same topic: Automotive Industry Updates

Here are the latest updates on fuel prices in some cities located in Metro Manila.

Oil prices: A global view

Crude oil, which of course is the “main ingredient” in making gasoline and diesel have experienced by around USD 2.30 or 116 per barrel. This, of course, resulted in a slight increase in gasoline and diesel prices in the global market.

There are many reasons behind the release. The biggest of which is the now 18-month long trade war between the US and China which is seemingly coming to a resolution. That, however, raises more concerns about the global demand for crude oil.

Barrels of crude oil

Crude oil, which most petroleum products are made from, have very fickle prices

Here in Asia, oil prices were traded higher when OPEC said that it now expects a deficit in the oil market for 2020. While that maybe the case, the Asian gasoline market recovered hence the minimal change in that particular product’s prices.

Also, there had been outages among octane-making units based in the United States which might explain the change in next year’s forecast.

>>> Good oil-related news from Toyota: TMP offer P999 oil change for 2003-2013 Toyota Vios

Philippine fuel prices as of December 17, 2019

Effective December 17, almost all oil companies in the country implemented an increase in petroleum product prices specifically Diesel at Php 0.30-Php to Php 0.40 per liter while Kerosene increased to Php 0.60 per liter. Fortunately, gasoline prices are still stable.

As of the year-to-date price changes for fuel prices, gasoline is at a net increase of Php 6.46, Php 1.21 per liter of kerosene, and Php 4.17 per liter for diesel.

gas station

We just hope that OPEC's prediction for next year won't come to fruition

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NCR Prevailing retail Pump Prices as of December 11, 2019

City
Product
Overall Range
Common Price
Caloocan
RON 100
57.91 - 57.91
NA
RON 97
54.40 - 57.45
NA
RON 95
44.30 - 56.33
54.80
RON 91
44.05 - 55.48
53.76
DIESEL
36.70 - 43.44
42.10
DIESEL PLUS
41.60 - 45.04
NA
KEROSENE
44.57 - 46.60
NA
Quezon City
RON 100
48.35 - 57.19
NA
RON 97
50.21 - 58.40
NA
RON 95
45.05 - 56.14
NA
RON 91
44.45 - 56.48
NA
DIESEL
38.20 - 43.63
38.45
DIESEL PLUS
40.40 - 45.63
NA
KEROSENE
44.91 - 52.25
NA
Manila
RON 100
53.60 - 56.81
NA
RON 97
49.55 - 55.69
55.69
RON 95
48.40 - 56.60
53.69
RON 91
38.80 - 55.52
52.69
DIESEL
38.95 - 44.00
42.45
DIESEL PLUS
43.92 - 48.51
45.50
KEROSENE
45.03 - 48.51
NA
Pasig City
RON 100
56.21 - 57.97
56.39
RON 97
55.02 - 55.04
NA
RON 95
48.55 - 56.97
54.39
RON 91
47.85 - 55.97
52.39
DIESEL
39.00 - 43.94
42.49
DIESEL PLUS
42.96 - 45.94
44.49
KEROSENE
45.81 - 46.11
NA
Taguig City
RON 100
56.14 - 56.39
56.39
RON 97
55.59 - 57.44
NA
RON 95
50.30 - 56.19
54.39
RON 91
49.50 - 54.19
52.39
DIESEL
38.55 - 44.19
42.49
DIESEL PLUS
43.53 - 44.49
44.49
KEROSENE
51.00 - 51.46
NA
Makati City
RON 100
54.13 - 56.98
NA
RON 97
56.34 - 59.04
NA
RON 95
51.79 - 57.04
NA
RON 91
50.69 - 55.54
NA
DIESEL
41.53 - 44.04
NA
DIESEL PLUS
43.53 - 45.03
NA
KEROSENE
51.00 - 51.00
NA
Parañaque City
RON 100
54.04 - 55.69
NA
RON 97
54.04 - 58.41
NA
RON 95
52.02 - 60.31
52.04
RON 91
50.69 - 57.74
NA
DIESEL
39.64 - 46.04
42.24
DIESEL PLUS
41.64 - 46.41
44.24
KEROSENE
47.64 - 48.34
NA
Muntinlupa City
RON 100
55.72 - 58.01
NA
RON 97
57.30 - 57.91
NA
RON 95
53.37 - 56.30
53.37
RON 91
52.10 - 54.41
53.91
DIESEL
41.39 - 43.65
41.54
DIESEL PLUS
43.49 - 46.15
43.54
KEROSENE
46.17 - 46.79
NA

*Source: Department of Energy, Price watch for NCR

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Cesar G.B. Miguel

Cesar G.B. Miguel

Author

Cesar Guiderone B. Miguel was born and raised in Iligan City, Lanao Del Norte. He graduated in 2010 with a Bachelor of Arts in English degree from Mindanao State University - Iligan Institute of Technology. He previously worked as a freelance writer for various websites, as a member of the Iligan City Disaster Risk Reduction Management's training staff, and as a medical sales representative.

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