The Philippine Department of Energy (DOE) announces a sequence of fuel price changes that move in both directions from late June into July, depending on global oil market movements and the agency’s prescribed adjustment rules. For the week of June 2, DOE reports major rollbacks: gasoline prices decrease by at least ₱4.76 per liter, diesel is cut by at least ₱9.26 per liter, and kerosene is reduced by at least ₱10.86 per liter. After subsequent updates, DOE also sets another rollback period around June 16, with diesel and kerosene expected to decline by up to ₱3.71 to ₱5.71 per liter, while gasoline may fall by 32 centavos per liter or rise by up to ₱1.68 per liter. Another round of larger rollbacks is scheduled for June 23, with gasoline cuts ranging from ₱3.90 to ₱5.90 per liter, diesel cuts from ₱9.04 to ₱11.04 per liter, and kerosene reductions up to ₱9.82 to ₱11.82 per liter. By June 30, DOE describes a “calming” global market with minimal adjustments, including possible increases up to ₱1.90 per liter or decreases up to ₱1.16 per liter. Separately, DOE also notes that diesel and kerosene face steep double-digit increases set for July 21, with gasoline also possibly higher, amid continued price volatility.
DOE sets mixed fuel price adjustments from late June to early July 2026
The Philippine Department of Energy (DOE) announces a sequence of fuel price changes that move in both directions from late June into July, depending on global oil market movements and the agency’s pr...
- DOE and local fuel companies issue periodic pump price adjustments based on global oil market movements and prescribed rules.
- Early June adjustments include large rollbacks: gasoline decreases by at least ₱4.76/liter, diesel by at least ₱9.26/liter, and kerosene by at least ₱10.86/liter.
- A separate rollback window is set for June 16, with gasoline potentially down by 32 centavos/liter or up to ₱1.68/liter; diesel and kerosene are expected to decline by about ₱3.71 to ₱5.71/liter and ₱0.50 to ₱2.50/liter respectively.
- Around June 23, gasoline is expected to drop by ₱3.90 to ₱5.90/liter, diesel by ₱9.04 to ₱11.04/liter, and kerosene by ₱9.82 to ₱11.82/liter.
- DOE later expects minimal price changes around June 30 (up to ₱1.90/liter increases or up to ₱1.16/liter decreases) and double-digit increases for diesel and kerosene on July 21.
Motorists will spend as much as P7 more for fuel starting Tuesday as the Middle East conflict nears its fifth month. Based on separate advisories from Unioil, Petro Gazz and Shell Pilipinas, diesel would be costlier by P7.30 a liter, gasoline P6.80 a liter, and kerosene P4.20 a liter. Other fuel companies have yet to […]...Keep on reading: New round of major oil price hikes set on July 28
6 hours agoFilipino motorists are set to feel the pinch this week, with oil companies preparing to raise pump prices by roughly P7 per liter starting Tuesday — one of the steeper single-week increases so far this year. Unioil was first to issue an advisory on the adjustment, confirming that diesel prices will climb by P7.30 per liter, while gasoline will rise by P6.80 per liter effective Tuesday. The hike comes on the heels of a sharp jump in global crude prices, driven by renewed fighting between the United States and Iran that rattled energy markets and pushed oil prices up more […]...Keep on reading: Diesel, gasoline prices set to jump by up to P7.30 on July 28
17 hours agoMANILA, Philippines — Motorists will bear the brunt of higher fuel prices this week as oil firms raise pump prices by about P7 per liter starting Tuesday. Based on an advisory from Unioil, diesel prices would be costlier by P7.30 per liter, while gasoline would go up by P6.80 a liter. READ: Oil prices jump above 3.5% on renewed US-Iran fighting Other fuel companies have yet to announce their price adjustments. Jetti Petroleum president Leo Bellas said last Friday that fresh Middle East attacks could push prices higher due to supply concerns. /pai INQ...Keep on reading: About P7/liter fuel price hike set on July 28
18 hours agoMANILA, Philippines – Motorists are already seeing higher prices at gas stations as fuel retailers prepare to implement another significant oil price increase on Tuesday. The looming increase comes amid sustained volatility in global oil markets, adding further pressure on transport costs and household expenses. READ: P6 spike seen in diesel, gasoline prices Below are the prices monitored and gathered by INQUIRER team on Monday, July 27, 2026. /dp...Keep on reading: OIL PRICE WATCH as of July 27, 2026
20 hours agoMANILA, Philippines – A day after oil companies implemented another hefty increase in pump prices, motorists and public utility vehicle (PUV) drivers are bracing for its impact as transport groups renewed calls for an immediate fare hike, saying the latest round of fuel price increases has become unsustainable. The latest adjustment, driven by renewed tensions in the Middle East, pushed diesel prices up by another double-digit amount, further eroding the earnings of jeepney and bus operators already burdened by successive fuel price hikes. READ: OIL PRICE WATCH as of July 21, 2026 Below are the oil prices monitored and gathered […]...Keep on reading: OIL PRICE WATCH as of April 22, 2026
5 days agoMANILA, Philippines – Motorists need to brace themselves for another round of hefty oil price increases on Tuesday, July 21, with diesel prices increasing by P10.68 per liter, and kerosene by P11.77 per liter, and gasoline by P3.65 per liter as renewed tensions in the Middle East continue to drive up global oil prices. Energy Secretary Sharon Garin said the government is closely monitoring oil companies to prevent hoarding and overpricing, while ensuring that pump price adjustments reflect actual movements in the global market. Below are the prices monitored and gathered by Inquirer team as of July 21, 2026. /dp...Keep on reading: OIL PRICE WATCH as of July 21, 2026
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