The Daily Tribune
New substantial pump price hikes
Motorists will face fuel price increases for the second consecutive week starting Tuesday, April 29, 2025.
Gasoline prices will increase by P1.36 per liter, diesel by P0.80 per liter, and kerosene by P0.70 per liter.
The Department of Energy (DOE) attributes the hikes to new US sanctions on Iran's oil shipping, which are tightening global supply, and a sharper-than-expected decline in US crude inventories.
Last week's adjustments saw increases of P1.35 per liter for gasoline, P1.30 per liter for diesel, and P1.10 per liter for kerosene.
These hikes follow substantial rollbacks implemented during Holy Week.
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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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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 can expect a rollback in fuel prices starting Tuesday, May 6, 2025, with gasoline decreasing by P0.55 per liter, diesel by P0.65 per liter, and kerosene by P0.90 per liter.
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Fuel prices are expected to decrease next week, with gasoline potentially rolling back by P0.25 to P0.70 per liter, diesel by P0.30 to P0.80 per liter, and kerosene by P0.50 to P0.70 per liter.
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Motorists can expect an oil price rollback starting Tuesday, May 6, with specific reductions announced by Caltex, Seaoil, and Shell.
Read more →