Fuel Price Increase Announced for March 25, 2025

On March 25, 2025, motorists will face increased fuel prices as Chevrons, Seaoil, and Shell announced hikes—gasoline prices will rise by P1.10 per liter, while diesel and kerosene will increase by P0.40. The adjustments are attributed to global tensions and economic factors.

Motorists will experience an increase in fuel costs this week, as several companies announced pump price hikes on March 25, 2025, following three weeks of reductions. Specifically, Chevron Philippines Inc. (Caltex), Seaoil Philippines Corp., and Shell Pilipinas Corp. will raise gasoline prices by P1.10 per liter, while diesel and kerosene will see an increase of P0.40 each. Cleanfuel will apply the same increases, though it does not offer kerosene.

These price adjustments will come into effect at 6 a.m. on March 25, except for Cleanfuel, which will implement the changes at 4:01 p.m. on the same day. As of now, other fuel companies have not announced any similar price modifications for the week. The Department of Energy-Oil Industry Management Bureau (DOE-OIMB) had previously indicated potential upward price adjustments due to factors including rising tensions in the Middle East, increased consumption from fiscal stimulus measures in Beijing, and a reduction in US fuel inventories.

In the prior week, companies had rolled back prices per liter, reducing diesel by P0.20 and kerosene by P0.40, while maintaining gasoline prices at the same rate.

Fuel prices have risen again on March 25, 2025, following a period of lower prices. Major companies are adjusting their prices due to various geopolitical and economic factors, including international tensions and increased consumption. The changes reflect ongoing trends in the fuel market and the impact of global events on local pricing.

Original Source: www.gmanetwork.com