A very small relief after the past few weeks of price hikes
A deteriorating Middle East situation sent the market into a frenzy last week
Momentum from last week's price increases are set to continue past the end of July and into the start of August as conflict in the Middle East continues. Though the Department of Energy skipped holding a press conference this morning to
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 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
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
If you can’t afford gas, then maybe you shouldn’t be driving a car
Fuel prices are still at an all-time high, and we understand that these are hard times. Unfortunately, it's times like these that bring out the worst in some people.Take this recent incident, for example. A motorist driving a Toyota
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
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,
Latest updates show that the country still has around 50 days worth of supply
The Department of Energy recently issued an advisory requiring oil and gas firms in the Philippines that own, lease, or operate depots and terminals to declare available storage capacity. This directive is part of the DOE's efforts to monitor the fuel
by Angelo Nieto
P43.6 billion in operating revenue could be lost with a blanket suspension
Earlier this week, President Ferdinand Marcos Jr. suspended excise taxes on liquefied petroleum gas (LPG) and kerosene. While this is expected to translate into savings for Filipino households and small businesses-around P37 per 11kg LPG cylinder and P5.60 per liter
by Angelo Nieto
It will also implement a P6.50/L decrease on gasoline products
The numbers have been released this week, and the government has announced that there will be decreases of at least P20.89 per liter on diesel and at least P4.43 per liter on gas.Shell is one of the bigger industry
