Another fuel price rollback confirmed on October 4, PHP 0.40/L for gas, PHP 0.45/L for diesel

In today’s good news, another fuel price rollback will be implemented tomorrow, October 4, 2022. The prices of both gasoline and diesel fuels are set to go down, marking the most consecutive price reductions so far this year. Gasoline is set to go down by PHP 0.40 per liter and diesel by PHP 0.45. Kerosene will also get a reduction of PHP 0.85. Times for the updating of fuel prices will depend on the station and area, per usual.

Fuel prices have gone down consistently in the past weeks

Fuel Price Rollback October 4 2022 Seaoil Inline01

Photo: Seaoil

The start of the year did not bode so well for motorists. There was a time that hikes instead of rollbacks were implemented on a weekly basis but things seem to have been turned around in the recent month(s).

Fuel Price Rollback October 4 Cleanfuel Inline02

Photo: Cleanfuel

As of this posting, the following gasoline companies have announced and confirmed the price updates, and the times as to when they will be updating their pumps for this week’s fuel price rollback. They are SeaOil, Petro Gazz, Caltex, and Cleanfuel.

We can expect that per liter of gasoline, PHP 0.40 will be slashed while PHP 0.45 off per liter of diesel will be implemented.

Seaoil pumps will reflect the rollback at 6:00 AM tomorrow. Petro Gazz will follow suit and will update their prices at the same time as Seaoil. As for Cleanfuel and Caltex, the new prices will be reflected at 12:01 AM.

As we mentioned earlier, the specific prices per liter of gasoline and diesel will vary between different areas and gas stations, however, the exact amount per liter will be rolled back regardless; the same price cut will be implemented across the entire country. While some players have yet to announce their updated prices for tomorrow, we can expect them to adjust accordingly.

Fuel Price Rollback October 4 Petro Gazz Inline03

Photo: Petro Gazz

Fuel price rollbacks are always good news. Fears of gas and diesel soaring to PHP 100 in Metro Manila and even more than that in the provinces were very real, but the past few weeks have been quite favorable as far as that assumption goes. All rollbacks are good rollbacks, and despite just being a few pesos and centavos worth, it helps in the greater scheme of things and will benefit private and public utility vehicle owners, for sure.

Not to rest on our laurels, allow us to give you some tips that can help you save on gas. And for your entertainment, some fuel-saving myths that we’ve also debunked so you can stop practicing them with false hopes.

Let’s enjoy the fuel price rollbacks as they come, and as always, drive safely out there, dear readers!

Mikko Juangco
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