Fuel prices to go up on July 22

Metro Manila, Philippines - Motorists may expect another round of hikes in fuel prices on Tuesday, July 22.

In separate advisories on Monday, July 21, oil companies said diesel prices will go up by P1.10 per liter.

Gasoline prices may increase by P0.40 per liter, while per-liter cost of kerosene will rise by P0.70.

This marks the second consecutive week of price hikes, following last week’s adjustments.

The Department of Energy earlier attributed the price increase to US President Donald Trump’s recent tariff policies and steady oil demand growth forecasts.