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A gas attendant takes the pump to fill up a vehicle in Taguig City. Mark Demayo, ABS-CBN News

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Gas pump

David Dizon

ABS-CBN News

<p>Time to gas up early, Kapamilya. Pump prices are going up yet again for a third straight week this January, the Department of Energy said Friday.</p><p>Assistant Director Rodela Romero of the DOE Oil Industry Management Bureau said the following increases will be implemented on January 21, based on 4 days of trading of Mean of Platts Singapore:</p><div><strong>Gasoline – P1.35 to P1.60/liter<br/></strong></div><div><strong>Diesel – P2.30 to P2.60<br/></strong></div><div><strong>Kerosene – P2.30 to P2.50</strong></div><p>Romero said oil prices have gone up 3 to 5 US dollars from Friday to Monday. “Malaki ang impact nun. Nung Thursday 2 dollars ang itinaas sa diesel and kerosene,” she said in a TeleRadyo Serbisyo interview.</p><p>Tougher US and UK sanctions on Russian oil companies Surgutneftegas and Gazprom Neft are jacking up shipping costs, which are affecting mostly Asian countries including India and China. “Kumukuha tayo ng finished product sa China,” Romero said.</p><p>Both countries are now seeking alternative sources of fuel including the US, the DOE official said.</p>

<p>Time to gas up early, Kapamilya. Pump prices are going up yet again for a third straight week this January, the Department of Energy said Friday.</p>

Time to gas up early, Kapamilya. Pump prices are going up yet again for a third straight week this January, the Department of Energy said Friday.

Big-time oil price hike set January 21

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Big-time oil price hike set January 21

David Dizon,

ABS-CBN News

Published January 17, 2025 08:37 AM PHT

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