This price adjustment is full of ups and downs this time around, as oil companies are announcing an increase in gasoline prices and a decrease in diesel prices for tomorrow, Tuesday, November 8, 2022. Not to be left out of the price adjustment, kerosene prices will also roll back by P0.35.
Related: The Pros and Cons of buying a hybrid car
As for the rollback, diesel-powered drivers can expect their fuel to be cheaper by P0.50. However, a slight curveball was thrown with gasoline prices jumping by P1.40. As mentioned kerosene prices will go down by P0.35.
Like most price increases and rollbacks, expect these changes to take effect tomorrow, as early as 12:01 AM Tuesday, November 8, 2022, depending on the oil company, or by 6:00 AM for others. Companies like Shell, Petro Gazz, Sea Oil, Clean Fuel, and others are also reporting around the same price changes per liter so expect prices to go up for gasoline and go down for diesel.
Gasoline-powered cars should find the time today before the price increase takes effect. This week marks one of the larger price increases recently. Diesel prices, however, remain high, but a rollback is still a rollback. Gasoline is still more affordable than diesel, however.
P0.50 diesel rollback expected, gasoline to go up by P1.40—November 8, 2022
This price adjustment is full of ups and downs. Gasoline prices up by P1.40 and diesel prices go down by P0.50 tomorrow.
Earl Lee on Nov 07, 2022You are here:HomeLatest StoriesNewsP0.50 diesel rollback expected, gasoline to go up by P1.40—November 8, 2022
This price adjustment is full of ups and downs this time around, as oil companies are announcing an increase in gasoline prices and a decrease in diesel prices for tomorrow, Tuesday, November 8, 2022. Not to be left out of the price adjustment, kerosene prices will also roll back by P0.35.
Related: The Pros and Cons of buying a hybrid car
As for the rollback, diesel-powered drivers can expect their fuel to be cheaper by P0.50. However, a slight curveball was thrown with gasoline prices jumping by P1.40. As mentioned kerosene prices will go down by P0.35.
Like most price increases and rollbacks, expect these changes to take effect tomorrow, as early as 12:01 AM Tuesday, November 8, 2022, depending on the oil company, or by 6:00 AM for others. Companies like Shell, Petro Gazz, Sea Oil, Clean Fuel, and others are also reporting around the same price changes per liter so expect prices to go up for gasoline and go down for diesel.
Gasoline-powered cars should find the time today before the price increase takes effect. This week marks one of the larger price increases recently. Diesel prices, however, remain high, but a rollback is still a rollback. Gasoline is still more affordable than diesel, however.
Related: New House Bill could reduce fuel tax whenever prices go up
The reason why prices are increasing for gasoline is because of crude oil trading in the global market. As we move to the end of the year, there are a few mixed adjustments to be expected. On top of that, the OPEC+ oil production cuts have put a damper on China’s mobility restrictions which have translated into higher fuel prices for Asia. The US Dollar is also starting to weaken, and oil demand can pick up again once other countries’ currencies regain strength against the USD.
Motorists who use gasoline-powered vehicles are advised to fuel up within the day to avoid the price increase. As such, be sure to get a full tank anytime before midnight.
Related Articles
Mazda Philippines ushers in a new generation with the 2023 CX-60—Price starts at P2,790,000Gasoline to roll back P0.35, Diesel to go down by P1.10—October 25, 2022New House Bill could reduce fuel tax whenever prices go upGasoline up by P1.20 and Diesel gets huge price hike of P6.85 this week—October 11, 2022Gasoline rolls back P0.40, diesel by P0.45—October 4, 2022
Latest News
- Ford brings back Employee Pricing promo this October / NewsShaynah Miranda · Oct 08, 2025Ford Philippines revives its Employee Pricing promo this October with Everest, Explorer, and Bronco deals, offering cash savings and easy financing at employee rates.
- GWM Philippines expands its network with back-to-back dealer signing ceremonies / NewsJerome Tresvalles · Oct 08, 2025Official GWM distributor LAGI expands the GWM dealer network with back-to-back dealer signings in Tarlac and Lucena.
- Suzuki Philippines and DES Strong Motors unite for a cleaner coastline at ICC 2025 / NewsJerome Tresvalles · Oct 06, 2025Suzuki Philippines joins the 2025 International Coastal Cleanup in Bohol, promoting unity and action for a green future.
Popular Articles
- Cheapest cars under P700,000 in the PhilippinesJerome Tresvalles · Sep 02, 2024
- First car or next car, the Ford EcoSport is a tough package to beatJun 18, 2021
- Car Maintenance checklist and guide – here’s everything you need to knowEarl Lee · Jan 12, 2021
- Most fuel efficient family cars in the PhilippinesBryan Aaron Rivera · Nov 27, 2020
- 2021 Geely Okavango — Everything you need to knowJoey Deriquito · Nov 19, 2020
- Family cars in the Philippines with the biggest trunksSep 20, 2023
- Head to head: Toyota Rush vs. Suzuki XL7Joey Deriquito · Oct 28, 2020
- Why oil changes are important for your carEarl Lee · Nov 10, 2020
- 2021 Kia Stonic — What you need to know about itJoey Deriquito · Oct 16, 2020
- Top 7 tips for buying a used car in the PhilippinesJoey Deriquito · Nov 26, 2020
