Inquirer
Gas, diesel price hikes set
Gasoline prices are set to increase by P0.40 per liter, while diesel prices will rise by P0.30 per liter starting Tuesday, June 3.
Kerosene prices, however, will see a rollback of P0.10 per liter.
Several oil firms including Caltex, Petron, Seaoil, and Shell have announced these adjustments.
Cleanfuel, Petro Gazz, and PTT Philippines Corp. will implement the same changes for gasoline and diesel.
The Department of Energy-Oil Industry Management Bureau had previously projected mixed movements due to factors like potential US sanctions on Russia and increased production.
Last week, gasoline prices increased by P0.10 per liter, while diesel and kerosene were rolled back by P0.20 and P0.40 per liter, respectively.
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Motorists can expect fuel prices to increase this week, with retailers announcing pump price hikes for gasoline, diesel, and kerosene effective June 10.
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Gasoline prices will see a slight increase of P0.10 per liter starting Tuesday, May 27, 2025, for the second consecutive week.
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Gasoline and diesel prices are expected to increase in the first week of June, while kerosene prices may decrease.
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Oil companies are implementing mixed price adjustments on fuel products starting Tuesday, June 3, with gasoline and diesel prices increasing while kerosene prices will decrease.
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