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Two-week rollbacks end, fuel prices up by P1/liter

The Freeman

July 15, 2025

Fuel prices are set to increase by up to P1.40 per liter starting Tuesday, July 15, after two weeks of rollbacks following the Israel-Iran ceasefire.

Oil companies are set to impose a price hike of P0.70 per liter for gasoline, P1.40 for diesel, and P0.80 for kerosene.

The hike is steeper than the Department of Energy's (DOE) earlier estimate, which means prices went up on the fifth trading day in the Mean of Platts Singapore — the benchmark that tracks average prices of refined fuels.

Shell Pilipinas, CleanFuel and Seaoil announced the price adjustments on Monday, July 14, in separate advisories.

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