Manila Bulletin
End of relief: Big fuel price hikes set after Holy Week
Filipino consumers will face significant fuel price increases starting Tuesday, April 22, after a brief rollback during Holy Week.
Gasoline prices are set to rise by ₱1.35 per liter, diesel by ₱1.30 per liter, and kerosene by ₱1.10 per liter.
Several major fuel companies, including Shell Pilipinas, Seaoil, PetroGazz, CleanFuel, Jetti Petroleum, Caltex, and PTT Philippines, announced these adjustments.
The Department of Energy (DOE) noted that prior to these hikes, Metro Manila gasoline prices averaged between ₱56.90 to ₱71.44 per liter, diesel from ₱54.30 to ₱56.10, and kerosene at ₱71.37.
According to the DOE's Oil Industry Management Bureau (OIMB) director, Rodela Romero, the price adjustments are driven by a tighter global supply.
This tighter supply is attributed to fresh sanctions imposed by the United States on Iran and compensatory output cuts by OPEC+ nations.
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Motorists can expect a price increase this week for gasoline, diesel, and kerosene, following rollbacks earlier this month.
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Filipino consumers will face fuel price increases starting April 22, with gasoline prices rising by P1.35 per liter, diesel by P1.30 per liter, and kerosene by P1.10 per liter.
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Motorists are bracing for another fuel price increase as April concludes, with potential hikes for gasoline, diesel, and kerosene.
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Motorists can expect price reductions on fuel starting Tuesday, April 15, with gasoline prices slashed by as much as P3.60 per liter.
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