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First fuel price rollback of 2025 expected next week after 3 consecutive increases
First fuel price rollback of 2025 expected next week after 3 consecutive increases
Nation
First fuel price rollback of 2025 expected next week after 3 consecutive increases
by Mary Antalan24 January 2025
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Motorists can expect some relief at the pumps next week as the first fuel price rollback of 2025 is projected, following three consecutive weeks of price hikes.

Here are the expected fuel price rollback for next week, according to the Department of Energy's preliminary estimates,

  • Gasoline: ₱0.70 to ₱1.00 per liter
  • Diesel: ₱0.20 to ₱0.55 per liter
  • Kerosene: ₱0.40 to ₱0.50 per liter

The rollback is attributed to declining global oil prices. Key factors include reduced demand in major economies, increased output from oil-producing countries, and lower crude oil futures due to global economic uncertainties.

Market analysts note that the easing of tensions in some geopolitical hotspots has also contributed to stabilizing global oil supply, further pushing prices downward.

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