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Passengers bound for Northern Luzon queue for reservation tickets at a bus terminal in Sampaloc, Manila on Monday, March 30, 2026, as travelers begin heading to the provinces for the Holy Week break.
The STAR / Edd Gumban
MANILA, Philippines — Oil firms are set to implement another round of fuel price hikes this week, with diesel posting double-digit increases as global oil prices remain elevated.
In separate advisories, companies announced increases of more than P12 per liter for diesel.
Shell and Jetti Petroleum raised diesel prices by P12.90 per liter, while PetroGazz, Seaoil and UniOil implemented a P12.50 per liter increase.
Gasoline prices also went up, though at a slower pace.
Shell increased gasoline prices by P2.90 per liter, while UniOil and PetroGazz raised prices by P2.50 per liter. Jetti Petroleum implemented a P1 per liter increase, while Seaoil kept gasoline prices unchanged.
For kerosene, Shell raised prices by P2.40 per liter and Seaoil by P2 per liter.
Announced price adjustments as of Tuesday, March 31
| Shell | +P12.90 | +P2.90 | +P2.40 |
| Jetti | +P12.90 | +P1.00 | — |
| PetroGazz | +P12.50 | +P2.50 | — |
| Seaoil | +P12.50 | No change | +P2.00 |
| UniOil | +P12.50 | +P2.50 | — |
Based on Department of Energy monitoring for March 24 to 30, diesel prices in Metro Manila have ranged from P105.00 to P131.90 per liter in the past week, with a common price of around P119.20.
With the latest increase of about P12.50 to P12.90 per liter, diesel prices could rise to roughly P117.50 to P144.80 per liter, with common pump prices potentially reaching around P131 to P132 per liter.
Gasoline, which currently ranges from about P84.99 to P108.90 for RON95, could increase by around P1 to P2.90 per liter depending on the brand, pushing typical prices closer to the P100 to P112 range.
Kerosene prices, already among the highest at P140.00 to P166.79, could climb further by about P2 to P2.40 per liter.
| Diesel | 105.00 – 131.90 | +12.50 to +12.90 | 117.50 – 144.80 | ~131–132 |
| Gasoline (RON95) | 84.99 – 108.90 | +1.00 to +2.90 | ~86.00 – 111.80 | ~100–112 |
| Kerosene | 140.00 – 166.79 | +2.00 to +2.40 | 142.00 – 169.19 | — |
Supply moves amid price surge
The latest price adjustments come as the government moves to stabilize supply.
The Department of Energy said about 22.58 million liters, or 142,000 barrels, of diesel have arrived as the first delivery under the Emergency Energy Security Program.
Separately, Petron said it has secured 2.48 million barrels of crude oil from Russia, which is expected to support its supply until June.
Authorities said these measures are intended to cushion the impact of global oil market volatility on domestic supply.
