Another round of increase in fuel prices takes effect today, June 10, 2025.
In separate advisories, oil companies announced the upward adjustment in fuel prices this week, following last week’s mixed movements.
Gasoline prices will have an additional P0.60 charged per liter, P0.95 for diesel, and kerosene by P0.30.
Chevron Philippines Inc. (Caltex), Petron Corp., Seaoil Philippines Corp., and Shell Pilipinas Corp. confirmed that they will implement all the price adjustments
Cleanfuel, Petro Gazz, and PTT Philippines Corp will also implement the changes, except for kerosene which they do not carry.
The implementation of these price adjustments will start at 6 a.m. of Tuesday, while Cleanfuel will increase the pump prices by 4:01 p.m of the same day.
In an earlier statement, the Department of Energy-Oil Industry Management Bureau (DOE-OIMB) attributed the price hikes this week to the geopolitical tensions bwteen Russia and Ukraine, Canada wildfires affecting fuel supply, as well as the drawdown in US crude oil inventories.