Diesel, kerosene prices down in mid-March | ABS-CBN
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Diesel, kerosene prices down in mid-March
Diesel, kerosene prices down in mid-March
ABS-CBN News
Published Mar 17, 2025 08:58 AM PHT
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Updated Mar 17, 2025 02:10 PM PHT
Motorists queue for fuel at a gas station in Quezon City on April 19, 2022. Mark Demayo, ABS-CBN News/File
Motorists queue for fuel at a gas station in Quezon City on April 19, 2022. Mark Demayo, ABS-CBN News/FileMANILA — Diesel and kerosene prices will decrease on March 18, oil companies announced Monday. The following price adjustments will take effect on Tuesday.
MANILA — Diesel and kerosene prices will decrease on March 18, oil companies announced Monday. The following price adjustments will take effect on Tuesday.
SHELL PILIPINAS, SEAOIL, CALTEX (from 6 a.m.)
Gasoline No change
Gasoline No change
Kerosene P0.40/L decrease
Kerosene P0.40/L decrease
Diesel P0.20/L decrease
Diesel P0.20/L decrease
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CLEANFUEL (from 8:01 a.m.)
Gasoline No change
Gasoline No change
Diesel P0.20/L decrease
Diesel P0.20/L decrease
PETROGAZZ, JETTI PETROLEUM (from 6 a.m.)
Gasoline No change
Gasoline No change
Diesel P0.20/L decrease
Diesel P0.20/L decrease
DOE Assistant Director Rodela Romero said the reduction is still due to the announcement of the Organization of the Petroleum-Exporting Countries (OPEC) to boost current oil supply in April 2025.
DOE Assistant Director Rodela Romero said the reduction is still due to the announcement of the Organization of the Petroleum-Exporting Countries (OPEC) to boost current oil supply in April 2025.
She added that the oil inventory of the United States also climbed, further adding to the world supply.
She added that the oil inventory of the United States also climbed, further adding to the world supply.
Due to the continuous rollback, the net increase in diesel and gasoline shrinks to P2.85/L and P2.15/L respectively.
Due to the continuous rollback, the net increase in diesel and gasoline shrinks to P2.85/L and P2.15/L respectively.
Kerosene already has a net rollback of P0.70/L.
Kerosene already has a net rollback of P0.70/L.
Not yet considering the price adjustments tomorrow, diesel sells from P50-P64/L while gasoline retails at P51-P77/liter in Metro Manila.
Not yet considering the price adjustments tomorrow, diesel sells from P50-P64/L while gasoline retails at P51-P77/liter in Metro Manila.
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