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Fuel prices to rise by up to P1.70 per liter
The Freeman
|May 20, 2025
Fuel prices will climb by up to P1.70 per liter on Tuesday, May 20, snapping the two-week straight decline.
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Firms are set to increase pump prices: P1.20 per liter for gasoline, P1.70 for diesel and P1.20 for kerosene.
Shell Pilipinas, Seaoil and PetroGazz announced the latest round of price hikes in separate advisories on Monday, May 19.
The Department of Energy’s Oil Industry Management Bureau (DOE-OIMB) said recent global developments, including reduced reciprocal tariffs on imported goods between the United States and China drove the fuel price hike.
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