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Gasoline prices up for 3rd straight week
The Freeman
|June 03, 2025
Pump prices are set for mixed movements this week: gasoline price is set to increase for a third straight week starting Tuesday, June 3, while diesel price is rebounding from a rollback and kerosene price is expected to drop further.
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Oil firms would impose a price increase of P0.40 per liter for gasoline and P0.30 per liter for diesel, while kerosene will see a P0.10 per liter rollback.
Shell Pilipinas, Seaoil, PetroGazz and CleanFuel announced the latest fuel price movement in separate advisories on Monday, June 2.
According to the Department of Energy's Oil Industry Management Bureau (DOE-OIMB), the increase in pump prices may be linked to anticipated United States sanctions on Russia and escalating tensions in oil-producing regions.
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