A deteriorating Middle East situation sent the market into a frenzy last week
by Angelo Nieto
The DOE has requested oil companies to stagger the increases
As expected by market observers, the renewed conflict in the Middle East has kicked up oil prices in the world market, resulting in big pump price increases in the Philippines. The Department of Energy has also returned to prescribing fixed values for
Bad news all around as conflict in the Middle East reignites
Hostilities have reignited in the Middle East, causing Iran to shut down the Strait of Hormuz once again and the United States to declare the ceasefire as "over." As a result, the price of oil in the international market has skyrocketed anew,
DOE secretary Garin says “the worst is over”
The Department of Energy announced its permitted ranges of fuel price adjustments earlier today at its weekly press conference. In disappointing news to many motorists, fuel prices continue to climb this week despite Dubai crude oil steadily returning to pre-war prices.
The energy landscape of today is far more uncertain than three decades ago
In its weekly Monday press conference, the Department of Energy announced that it has formally proposed amendments to Republic Act No. 8479 or the Downstream Oil Industry Deregulation Act of 1998, also known as the Oil Deregulation Law. Secretary Sharon Garin describes
by Angelo Nieto
The company currently owns 25% of Unioil Petroleum Philippines
Saudi Arabian oil firm Aramco recently announced that it will be opening its own network of fuel stations here in the Philippines. Officially called Aramco Stations Philippines, it is still unclear where and when the company will open its first pumps.Since
by Billy Caluag
The fragile peace agreement in the Middle East stirs up oil prices again
At its press conference earlier today, the Department of Energy (DOE) released its weekly range of permitted price movements. As expected, due to tensions in the Middle East threatening a fragile peace agreement, fuel prices are going up again this week.For
Big price drops across the board, but fuel could jump again next week
Following the signing of a peace treaty between Iran and the United States last week, prices for oil have dropped in the global market. In turn, the Department of Energy (DOE) has released its mandated rollbacks for fuel prices for the coming
Here’s to hoping the war ends soon
Continuing from last week, today's Deparment of Energy (DOE) mandate for fuel price movements provide an allowed range of movements instead of a fixed price adjustment. These prices should reflect Tuesday, June 16th, at 6am.For the week of June 16
Minor hike for gas, big jump for diesel and kerosene
Stalled diplomacy negotiations in the Middle East have stirred up the trading market once again, causing prices for fuel to rally. As with previous weeks, the Department of Energy (DOE) is dictating the movement of fuel prices this week as part of
A major price reduction is very welcome after the past few weeks
June begins with a major fuel price rollback, with the Department of Energy (DOE) releasing the price cuts ahead of their implementation.For the week of June 2 to June 8, 2026, gasoline prices will go down by P4.76 per liter,
Bigger hikes as the midpoint of the year approaches
Despite estimates from the Mean of Platts Singapore indicating minor to moderate price hikes for fuel this week, the adjustments called for by the Department of Energy (DOE) are much larger than expected.For the week of May 26 to June 1,
The rollbacks were good while they lasted
Fuel costs are set to rise this week, as the Department of Energy has just shared the official price adjustment. These increases follow a welcome rollback on diesel in the previous week, as gasoline prices persistently get higher.For the week of
The offer is available at certain Shell locations
Shell Philippines has confirmed that its fuel discounts are back from Friday, May 15, to Thursday, May 21, 2026. Discounts do vary between gasoline and diesel, and only certain stations will participate. Read on to see full details of this promotion.Starting
by Billy Caluag
All in the first quarter of 2026
Caltex Philippines has opened six new retail stations across the country in the first quarter of 2026. The six new stations are situated in Makati, Tagaytay, Batangas, La Union, and Bacolod.These stations will provide motorists in these areas access to fuel
by Lije Martin
Diesel is officially cheaper than gas again
In line with the DOE's estimate for fuel price movements last week, gas will see a minor hike while diesel rolls back. This will make diesel the cheaper fuel option once again in most regions, especially with the P10 government subsidy
If the market holds, diesel could become cheaper than gas again
The Department of Energy (DOE) has released estimated fuel price movements for next week based on four days of market trading. Prices for diesel are expected to decrease along with kerosene, while gasoline prices will continue to hike.Assuming that the market
by Angelo Nieto
Weeks of consecutive rollbacks come to an end with these hikes
The downward movement of diesel prices has come to a close. The cost of fuel will increase this week, as momentum began to shift with the slight hike in last week's gasoline prices.For May 5 to 11, 2026, gasoline will
Mixed movements after the rollbacks from the past few weeks
The Department of Energy directly announced the update for fuel price movements this week. While the past two weeks have seen rollbacks across the board to curb the massive jump in prices since hostilities in the Middle East broke out, movements this
With a minimum spend of P1,500 for cars and P200 for motorcycles
Shell's new promo offers a P5.00 discount per liter on all Shell Fuels. The promo runs from April 24 to April 30, 2026, and is open to all private four-wheeled and two-wheeled customers.To avail of the discount,
by Lije Martin
More major price rollbacks this week
Over the weekend, President Ferdinand Marcos Jr. announced that another round of fuel-price rollbacks will take effect this week. The President then asked all oil companies to implement the adjustments as listed.For the week of April 20 to 26, 2026,
