Philstar
Oil firms cut gas, kerosene prices
Gasoline and kerosene prices are set to decrease starting April 8, 2025.
Seaoil Philippines Corp., Shell Pilipinas Corp., Caltex, Petro Gazz, Cleanfuel, PTT Philippines, and Jetti will cut gasoline prices by P0.10 per liter.
Caltex, Seaoil, and Shell will reduce kerosene prices by P0.50 per liter.
Diesel prices will see no adjustment this week.
The Department of Energy reported that year-to-date net increases are now P4.55 per liter for gasoline, P4.45 for diesel, and P0.40 for kerosene.
This rollback is attributed to declining crude prices, a stronger peso, surprise output hikes by OPEC+, and an increase in US oil inventory.
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Major oil companies such as Shell Pilipinas, Cleanfuel, Seaoil, and Caltex will implement price rollbacks on gasoline by P3.60 per liter and diesel by P2.90 per liter starting Tuesday, April 15.
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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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Motorists can expect a significant rollback in fuel prices for gasoline, diesel, and kerosene this Holy Week, according to the Department of Energy (DOE).
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Filipinos are bracing for another round of oil price increases in the second week of April, with gasoline and diesel prices expected to rise.
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