OIL PRICE WATCH as of May 19, 2026
MANILA, Philippines — Oil companies have implemented another round of fuel price hikes Tuesday, May 19, marking the latest increase driven by tensions in the Middle East. Gasoline...
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MANILA, Philippines — Oil companies have implemented another round of fuel price hikes Tuesday, May 19, marking the latest increase driven by tensions in the Middle East. Gasoline...
Oil firms can adjust pump prices based on the current world market rate even if their inventory was purchased weeks prior at a lower price
MANILA — Local oil prices are expected to increase again starting May 5, with diesel likely ending its recent streak of rollbacks, according to industry estimates. An industry sour...
MANILA — The Philippines’ annual inflation rate accelerated more than expected in March, breaching the central bank’s 2% to 4% target range, driven largely by a sharp increase in f...
MANILA, Philippines — A short-lived decline in fuel prices, particularly for diesel, is set to reverse on Tuesday, May 5 as oil companies implement fresh increases of around P2 per...
Fuel prices are set to increase again on Tuesday, May 5, reversing a brief dip—especially for diesel. So how much will fuel prices increase on Tuesday? READ: Diesel to climb up to...
MANILA, Philippines — Diesel and kerosene prices this week have dropped further, while gasoline only had a slight increase, amid local fuel prices largely continuing to ease, even...
TACLOBAN CITY — Passengers traveling across key islands in Visayas will soon face higher ferry fares after SuperCat Fast Ferry Corporation announced a 10 percent fuel surcharge set...
Diesel prices could reach up to P170 per liter as retailers hike per liter rates by up to P19.80
Diesel prices could reach up to P170 per liter as retailers hike per liter rates by up to P19.80
Energy Secretary Sharon Garin says the country’s fuel inventory was at 45 days, down from 50 days, but she believes this is 'not alarming'
Energy Secretary Sharon Garin says the country’s fuel inventory was at 45 days, down from 50 days, but she believes this is 'not alarming'
MANILA, Philippines — The Philippines’ fuel imports fell by 4 percent in March as the Middle East conflict constrained a key waterway for global energy supply. Despite the decline...
MANILA, Philippines – Local diesel prices could surge to as high as P170 per liter next week, as global oil prices continue to rise with the war in the Middle East entering its sec...
Oil firms have set new double-digit increases for diesel, along with other increases that have become the price movements for five straight weeks since the Middle East conflict bro...
The Department of Energy's weekly oil price monitor says global oil prices remain elevated due to prolonged supply disruptions
The Department of Energy's weekly oil price monitor says global oil prices remain elevated due to prolonged supply disruptions
Gas Stations to Implement Oil Price Hike Starting Next Week FUEL PRICE UPDATE- Various oil companies in the country are set to implement an oil price hike starting next week. Star...
MANILA, Philippines — Fuel prices are projected to go down by several pesos this week, with diesel dropping by almost P21, breaking the cycle of hikes seen since last month due to...
MANILA, Philippines — The Department of Energy (DOE) has stepped up its drive against fuel hoarding and profiteering, reporting close to 1,000 complaints of irregular fuel pricing...
According to the DOE’s oil monitor dated May 5, crude oil prices are expected to remain volatile due to tensions in the Strait of Hormuz, as well as continued pressure on Iranian o...
According to the DOE’s oil monitor dated May 5, crude oil prices are expected to remain volatile due to tensions in the Strait of Hormuz, as well as continued pressure on Iranian o...
THE CIVIL Aeronautics Board (CAB) raised the passenger fuel surcharge to Level 19 for April 16-30, the highest since 2022 and just below the maximum allowable rate, increasing fare...
ELEVATED oil prices continued to feed into food and utility costs, pushing annual inflation to a three-year high of 7.2% in April, the Philippine Statistics Authority (PSA) said on...
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