Oil firms end price hike streak to start Jul. 2025

fuel pump

MANILA: Motorists can have their sighs of relief as fuel companies shall put an end to the string of major price hikes implemented this month.

KEY TAKEAWAYS

  • What will be the price adjustments this week?

    This week, oil firms will reduce the price of gasoline by P1.40 per liter, diesel by P1.80 per liter, and kerosene by P2.20 per liter.
  • When will the adjustments take place?

    The prices will be implemented on July 1, 2025.
  • Based on their respective advisories, Cleanfuel, Caltex, Jetti, Seaoil, Unioil, and Petron shall implement the following price cuts at the following products:

    Product

    Price adjustment (in Peso per liter)

    Diesel

    P1.80

    Gasoline

    1.40

    Kerosene

    P2.20

    The movements in pricing shall take effect tomorrow (July 1). Other companies are expected to follow suit.

    fuel pump Photo by Ruben Manahan IV

    Meanwhile, Department of Energy Officer-in-Charge Sharon Garin said that in addition to the anticipated fuel price rollback, additional cuts will be given to drivers of public utility vehicles (PUV), non-PUV units, and transport network vehicles. She added that discounts may vary given that they have their own mechanisms for implementing such (dates, promotional offers, and loyalty programs).

    Earlier, Grab Philippines devised a plan to would help their driver- and rider-partners amid the rising fuel prices.

    Last week, local players conducted a two-part price hike. This was attributed to the rising global oil prices caused by geopolitical tensions between Iran and Israel and market volatility.

    EDSA traffic Photo by Ruben Manahan IV

    The adjustments in June 24 and 26 were:

    Product

    Price adjustment on June 24, 26 (in Peso per liter)

    Diesel

    P2.60

    Gasoline

    1.75

    Kerosene

    P2.40

    Also read:

    ‘Big-time’ oil price hike set this week

    Oil firms to welcome June 2025 with ‘mixed’ price adjustments

    Motorists to welcome 2nd week of June with increased pump prices

    Like and follow us on our social media pages:

    Facebook: https://www.facebook.com/CarmudiPH

    Instagram: https://www.instagram.com/carmudiph/?hl=en

    Tiktok: https://www.tiktok.com/@carmudiph

    Youtube: https://www.youtube.com/@CarmudiPhilippines

     

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • New Bentley Bentayga Speed sets Goodwood hill climb record
      New Bentley Bentayga Speed sets Goodwood hill climb record
      Paulo Papa . Today
    • Nissan to cease operations in Oppama plant as part of ‘global production restructuring’
      Nissan to cease operations in Oppama plant as part of ‘global production restructuring’
      Paulo Papa . Today
    • VinFast to boost PH EV adoption with full ecosystem strategy
      VinFast to boost PH EV adoption with full ecosystem strategy
      Cesar Miguel . Jul 15, 2025
    • Land Rover Defender Octa Black debuts at 2025 Goodwood FOS
      Land Rover Defender Octa Black debuts at 2025 Goodwood FOS
      Cesar Miguel . Jul 15, 2025
    • LMI officially launches Dongfeng E70 Pro EV
      LMI officially launches Dongfeng E70 Pro EV
      Cesar Miguel . Jul 15, 2025
    • Is driving stick still relevant to youngsters?
      Is driving stick still relevant to youngsters?
      Paulo Papa . Jul 15, 2025
    • Auto, motorcycle brands with horses in their badges
      Auto, motorcycle brands with horses in their badges
      Paulo Papa . Jul 14, 2025
    • Subaru Crosstrek vs. the competition
      Subaru Crosstrek vs. the competition
      Cesar Miguel . Jul 14, 2025
    • Check out Foton Tunland V9’s hits, misses
      Check out Foton Tunland V9’s hits, misses
      Cesar Miguel . Jul 14, 2025
    • Nissan Livina vs. the competition
      Nissan Livina vs. the competition
      Cesar Miguel . Jul 11, 2025
    • Do you still need to wash your car after it rains?
      Do you still need to wash your car after it rains?
      Cesar Miguel . Jun 12, 2025
    • What should you visit first at MIAS 2025?
      What should you visit first at MIAS 2025?
      Cesar Miguel . Apr 11, 2025
    • Do you really need 4x4 for overlanding?
      Do you really need 4x4 for overlanding?
      Cesar Miguel . Mar 26, 2025
    • Number coding 2025: what you need to know
      Number coding 2025: what you need to know
      Paulo Papa . Mar 09, 2025
    • EVs still require lubrication, JAMA execs say
      EVs still require lubrication, JAMA execs say
      Paulo Papa . Mar 09, 2025
    • Honda BR-V S CVT: all about that ‘base’
      Honda BR-V S CVT: all about that ‘base’
      Paulo Papa . Jul 09, 2025
    • Dongfeng Rich 7 4X4 Upper: ideal entry-level truck
      Dongfeng Rich 7 4X4 Upper: ideal entry-level truck
      Paulo Papa . Jul 07, 2025
    • First drive: MG ZS Hybrid+
      First drive: MG ZS Hybrid+
      Cesar Miguel . Jun 30, 2025
    • BYD eMAX 7 Superior Captain: MPV for modern families
      BYD eMAX 7 Superior Captain: MPV for modern families
      Paulo Papa . Jun 18, 2025
    • Suzuki Ertiga Hybrid: modest mover
      Suzuki Ertiga Hybrid: modest mover
      Paulo Papa . Jun 05, 2025