Fuel Prices Set to Increase on March 25, 2025

On March 25, 2025, gasoline prices will increase by P1.10 per liter, and diesel and kerosene will rise by P0.40 each, as announced by major oil companies. These adjustments follow three weeks of rollbacks and are influenced by rising international tensions and local consumption patterns.

On Tuesday, March 25, 2025, motorists will experience an increase in fuel prices due to adjustments announced by several oil companies. Following three consecutive weeks of price reductions, firms such as Chevron Philippines Inc. (Caltex), Seaoil Philippines Corp., and Shell Pilipinas Corp. stated that the price per liter of gasoline will rise by P1.10, while diesel and kerosene will increase by P0.40 each.

Cleanfuel will also implement these price changes, although the company does not carry kerosene. The revised prices will take effect at 6 a.m. on the specified date for most companies, with Cleanfuel’s adjustments starting at 4:01 p.m. Further announcements from other firms regarding price changes are still awaited.

The Department of Energy-Oil Industry Management Bureau (DOE-OIMB) had previously indicated the likelihood of price increases due to several factors. These include escalating tensions in the Middle East, increased fuel consumption following China’s release of fiscal stimulus measures, and a decline in U.S. fuel inventories. Last week, prices for diesel were reduced by P0.20 per liter, and kerosene by P0.40, while gasoline prices remained stable.

In summary, fuel prices for gasoline, diesel, and kerosene will rise on March 25, 2025, after three weeks of price rollbacks. Leading oil companies have announced these increases, attributing them to various external factors including geopolitical tensions and changes in fuel demand. Motorists should prepare for these adjustments as the new prices will take effect early Tuesday morning.

Original Source: www.gmanetwork.com