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Fuel prices spike further as Q1 2026 closes

fuel pump

MANILA: The price of petroleum products has spiked further as the initial quarter of 2026 closes. 

KEY TAKEAWAYS

  • How much are the adjustments on local oil prices this week?

    Fuel companies will increase the price of gasoline by up to P2.5 per liter, kerosene by up to P2 per liter, and diesel by up to P12.5 per liter.

  • When did the movements in the pricing take place?

    It took effect today, March 31.

    • Other stories:

    Based on the respective updates of the following local oil players, the cost of pumping gas are as follows: 

    Company

    Diesel

    Gasoline

    Kerosene

    PetroGazz

    P12.5

    P2.5

    -

    Seaoil

    P12.5

    -

    P2

    Unioil

    P12.5

    P2.5

    -

    Petron 

    P11.9

    P1.9

    P1.4
    fuel pump Photo by Ruben Manahan IV

    On that note, this is the 12th week of price bumps for gasoline and the 14th week of price increases for diesel and kerosene.  

    Motorists are reminded by Department of Energy Secretary Attorney Sharon Garin to be “prudent” with the use of fuel as the government does “not know where the war is going.” 

    Also read:

    Fuel prices worsen

    Oil firms to implement 'staggered' fuel price hikes

    Fuel prices to go up anew amid US-Iran conflict

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