‘Big-time’ oil price hike set this week
MANILA: Fuel prices in the Philippines are set to go up again for June 2025, and this week, companies shall add more than P1 per liter on their products at the pump.
KEY TAKEAWAYS
What will be the fuel price adjustments this week?
This week, companies shall jack up the price of gasoline and diesel products by P1.80 per liter each, as well as kerosene by P1.50 per liter.When will the price movements take effect?
The adjustments in the pricing will be implemented tomorrow (June 17).Based on their respective advisories, Caltex, Cleanfuel, Jetti Petroleum, Petron, Seaoil, and Unioil will continue to the price-hike streak on the following:
|
Pump product |
Price adjustment (Peso per liter) |
|
Gasoline |
P1.80 (increase) |
|
Diesel |
P1.80 (increase) |
|
Kerosene |
P1.50 (increase) |
Such modifications in the fuel's retail prices are set to take effect tomorrow (June 17). Other firms are expected to follow suit.
Last week, local players raised the pricing of their pump products:
|
Pump product |
Price adjustment (Peso per liter) |
|
Gasoline |
P0.60 (increase) |
|
Diesel |
P0.95 (increase) |
|
Kerosene |
P0.30 (increase) |
Also read:
Oil firms to welcome June 2025 with ‘mixed’ price adjustments
Oil firm to end 2-week price cut streak
Fuel companies to initiate 1st rollback for May
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