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Motorists queue for fuel at a gas station in Pasig City on October 10, 2022, a day before a new round of oil price hike takes effect. Mark Demayo, ABS-CBN News

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FUEL PRICE HIKE

Benise Balaoing

ABS-CBN News

MANILA (UPDATE) - <span id="isPasted" style="color:rgb(51, 51, 51);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:pre-wrap;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">Diesel and kerosene prices are set to go down while gasoline prices are up Tuesday after the 3rd State of the Nation Address of President Ferdinand Marcos Jr.Oil companies said the following pump price movements will be effective on Tuesday, July 23:SHELL PILIPINAS, SEAOIL (effective 6 a.m.) Gasoline - P0.10/L increase Kerosene - P0.70/L decrease Diesel - P0.40/L decreasePETROGAZZ, JETTI PETROLEUM, UNIOIL (effective 6 a.m.) Gasoline - P0.10/L increase Diesel - P0.40/L decrease<div><strong id="isPasted" style="box-sizing:border-box;color:rgb(65, 65, 65);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial">CALTEX (effective 6:01 a.m.)<br style="box-sizing:border-box;color:rgb(65, 65, 65);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial"/><span style="color:rgb(65, 65, 65);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">Gasoline - P0.10/L increase<br style="box-sizing:border-box;color:rgb(65, 65, 65);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial"/><span style="color:rgb(65, 65, 65);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">Kerosene - P0.70/L decrease<br style="box-sizing:border-box;color:rgb(65, 65, 65);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial"/><span style="color:rgb(65, 65, 65);letter-spacing:normal;orphans:2;text-align:left;text-indent:0px;text-transform:none;widows:2;word-spacing:0px;-webkit-text-stroke-width:0px;white-space:normal;background-color:rgb(255, 255, 255);text-decoration-thickness:initial;text-decoration-style:initial;text-decoration-color:initial;display:inline !important;float:none">Diesel - P0.40/L decrease</div>CLEANFUEL (effective 12:01 a.m.) Gasoline - P0.10/L increase Diesel - P0.40/L decreaseDepartment of Energy (DOE) DOE Assistant Director Rodela Romero says the main reason for the mixed movement in the prices of fuel is the reduced production cut of the organization of the petroleum exporting countries and the deferment of the interest rate cut of the United States as well as the economic slowdown of China.According to Romero, gasoline prices went up due to the reduced inventory of the US. The government is monitoring the impact on oil prices of the worsening geopolitical conflict in the Middle East particularly the conflict between Israel and its enemies. From January until July 23, there is still a net increase for all petroleum products:Gasoline - P10.35/L increaseKerosene - P0.50/L increaseDiesel - P7.70/L decrease<div> </div><div><a href="https://news.abs-cbn.com/business/2024/7/19/diesel-down-gasoline-up-doe-sees-mixed-movement-in-pump-prices-848">Diesel down, gasoline up: DOE sees mixed movement in pump prices</a></div><div><iframe width="640" height="360" src="https://www.youtube.com/embed/aQC1GVXWO50?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe> </div>

Diesel and kerosene prices are set to go down while gasoline prices are up Tuesday after the 3rd State of the Nation Address of President Ferdinand Marcos Jr.

Diesel and kerosene prices are set to go down while gasoline prices are up Tuesday after the 3rd State of the Nation Address of President Ferdinand Marcos Jr.

Kerosene, diesel prices to go down after Marcos' 3rd SONA

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Kerosene, diesel prices to go down after Marcos' 3rd SONA

Benise Balaoing,

ABS-CBN News

Published Jul 22, 2024 10:33 AM PHT

|

Updated Jul 22, 2024 03:40 PM PHT

Read More:

gasoline

diesel

kerosene

presyo ng gas

presyo ng langis

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