Split fuel price adjustments hit pumps; diesel down, gasoline and kerosene up

The various fuel retailers are implementing mixed price adjustments at the pump this week, ending a brief period of across-the-board rollbacks. Major oil companies, including Petron, Shell, and Jetti, announced that diesel prices will drop by P1.30 per liter. However, consumers will face higher costs for other products, with gasoline prices rising by P1.90 to P1.93 per liter and kerosene increasing sharply by P3.30 per liter. Seaoil is applying similar adjustments across its retail stations. The Department of Energy has yet to release its official range of allowed price movements for the week, al though earlier government data shows Metro Manila pump prices averaging P87.20 for RON 91 gasoline, P95.70 for diesel, and P125.00 for kerosene, reflecting substantial increases since earlier this year due to ongoing international conflicts.

The split price adjustments present a contrasting impact for local businesses and everyday consumers. Commercial transport operators, logistics firms, and agricultural businesses rely heavily on diesel, making the P1.30 price cut a welcome relief that helps contain delivery and operational costs. On the other hand, the jump in gasoline prices adds immediate pressure on private motorists and ride-hailing drivers. Low-income households and small businesses in rural areas will feel the heaviest burden from the steep P3.30 rise in kerosene, which directly drives up basic home lighting and cooking expenses. As fuel prices remain volatile compared to early-year levels, both companies and families must continue navigating elevated energy expenses in their weekly budgets.

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