Inquirer
Big-time hikes for oil products starting Jan. 21
Fuel prices in the Philippines are set for another increase starting Tuesday, January 21, 2025, with gasoline prices rising by P1.65 per liter and diesel by P2.70 per liter.
Kerosene prices will also increase by P2.50 per liter at select stations like Caltex, Seaoil, and Shell.
Major fuel companies including Shell Pilipinas, Cleanfuel, Caltex, Petro Gazz, PTT, and Seaoil have announced these price adjustments.
The Department of Energy attributes the price hikes to new sanctions imposed by the US and UK on Russian oil, which have affected global supply.
This marks the second price adjustment of the year, bringing the total net increase for gasoline and kerosene to P1.80 per liter and for diesel to P2.30 per liter.
Current gasoline prices in Metro Manila range from PHP52 to PHP76.42 per liter, diesel from PHP49 to PHP73.60 per liter, and kerosene from PHP71.04 to PHP83 per liter.
🤖
This story was generated by AI to help you understand the key points. For more detailed coverage, please see the news articles from trusted media outlets below.
News Sources
See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
Motorists can anticipate a third consecutive weekly increase in fuel prices starting Tuesday, January 21, 2025.
Read more →
Local fuel prices are set for another increase this week, with diesel and kerosene rising by P0.80 per liter and gasoline by P0.90 per liter, starting Tuesday.
Read more →
Pump prices of petroleum products will be rolled back on Tuesday, January 28, with gasoline prices decreasing by P0.80 per liter, diesel by P0.20, and kerosene by P0.50.
+2
Read more →