Rise in Fuel Prices Announced for March 25, 2025

On March 25, 2025, fuel prices will increase, with gasoline up by P1.10 and diesel and kerosene by P0.40. This follows three weeks of price rollbacks. Companies such as Chevron, Seaoil, and Shell will implement these changes amid rising tension in the Middle East and increased fuel consumption due to Chinese fiscal measures.

On Tuesday, March 25, 2025, consumers will experience an increase in fuel prices as several companies have announced adjustments after three weeks of price reductions. Notably, Chevron Philippines Inc. (Caltex), Seaoil Philippines Corp., and Shell Pilipinas Corp. will raise the price of gasoline by P1.10 per liter while increasing diesel and kerosene prices by P0.40 each. Cleanfuel will adopt similar price changes, though it does not offer kerosene.

The price adjustments will commence at 6 a.m. on March 25 for all companies, except for Cleanfuel, which will implement the increases at 4:01 p.m. on the same day. Other fuel firms have not yet disclosed any price updates for this week.

The Department of Energy-Oil Industry Management Bureau (DOE-OIMB) had anticipated these price hikes, attributing them to escalating tensions in the Middle East, increased demand in China due to new fiscal stimulus measures, and a reduction in U.S. fuel inventories. Last week, prices for diesel decreased by P0.20 per liter and kerosene by P0.40, while gasoline prices remained stable.

In summary, fuel prices are set to rise on March 25, 2025, as multiple companies announce increases affecting gasoline, diesel, and kerosene. This follows recent weeks of price rollbacks and is driven by international tensions, rising demand, and diminishing fuel inventories in the U.S. Consumers should prepare for these changes in their fuel expenses.

Original Source: www.gmanetwork.com