Fuel prices going up for third straight week in 2025 | ABS-CBN

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Fuel prices going up for third straight week in 2025

Fuel prices going up for third straight week in 2025

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QUEZON CITY  — Motorists will have to shell out more for the third time in January as a big time oil price hike looms next week, according to the Department of Energy (DOE).

The following are the estimated price adjustments that will take effect Tuesday, January 21:

Gasolina - P1.60 to P1.80 per liter increase
Diesel - P2.60 to P2.80 per liter increase
Kerosene - P2.30 to P2.50 per liter increase 

In a recent interview on Teleradyo Serbisyo, Assistant Director Rodela Romero of the DOE Oil Industry Management Bureau Romero said oil prices rose to 3 to 5 US dollars from last Friday to Monday. 

“Malaki ang impact nun. N'ung Thursday 2 dollars ang itinaas sa diesel and kerosene,” she stressed.

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The price hike was also due to another sanction of United States to Russia, which are affecting mostly Asian countries including India and China. 

Romero said the Philippines is getting finished product from China. -- with a report from Alvin Elchico, ABS-CBN News

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