Venice is definitely a city for one's bucket list

Motorists across the Philippines are bracing for another round of fuel price hikes as major oil companies implement increases effective April 29. Gasoline prices are set to rise by ₱1.35 per liter, while diesel will go up by ₱0.80, and kerosene by ₱0.70. This marks the second consecutive week of fuel price adjustments, further straining household and transport sector budgets.

The latest hike reflects movements in the global oil market, influenced by factors such as international supply constraints and geopolitical tensions. Local fuel retailers adjust prices weekly based on global benchmarks and foreign exchange rates.

Public transport operators and logistics companies have expressed concern over the continued upward trend, warning that sustained increases may lead to higher fares and delivery costs. Economists note that these developments could also contribute to inflationary pressures in the coming months.

Government officials have acknowledged the impact on consumers and stated that they are monitoring the situation closely. While fuel subsidies remain limited, calls for targeted support measures and long-term energy solutions have intensified.

As fuel prices climb, both commuters and businesses are urged to conserve energy and explore more cost-efficient alternatives to manage the growing burden at the pump.