Motorists will face another oil price hike of up to P1.10 per liter effective today, July 22.
Diesel prices are expected to go up to P1.10 a liter, while kerosene will climb by 70 centavos a liter.
Meanwhile, gasoline prices will increase by 40 centavos.
Petro Gazz, Seaoil, and Shell Pilipinas said they would adjust their pump prices today at 6 a.m., followed by Cleanfuel at 4:01 p.m.
Last week, Jetti Petroleum President Leo Bellas said pump prices would increase this week due to signs of improving demand.
“The positive oil demand outlook in the second half of 2025, the prospect of easing of trade tensions, and the risk to supply in the Middle East following attacks in the oilfields in Iraq have further supported the market,” Bellas added.
