Fuel prices worsens
MANILA: Last week, the Department of Energy (DOE) — alongside local oil players — agreed upon a staggered implementation of price hikes to make the looming adjustment, due to the crisis in the Middle East, easier for Filipino motorists.
KEY TAKEAWAYS
How much are the adjustments on local oil prices this week?
Fuel companies will increase the price of gasoline by up to P16.60 per liter, kerosene by up to P8.90 per liter, and diesel by up to P23.90 per liter.When will the movements in the pricing take place?
The price movements will take effect today, March 17, 2026.You can check the said adjustments, here.
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The agency held a press conference yesterday, where it announced the pricing trend of petroleum products from March 17-19, 2026. You may watch it, here.
Here are the projected adjustments, per oil brand:
|
Oil company |
Dates of staggered pricing |
Gasoline |
Diesel |
Kerosene |
|
Total |
March 17-18 |
P14.10 |
P20.70 |
|
|
Shell |
March 17-19 |
P16.60 |
P23.90 |
P6.90 |
|
Seaoil |
March 17-18 |
P16.30 |
P23.30 |
P6.90 |
|
Petron |
March 17-19 |
P12.90 |
P20.40 |
P8.90 |
|
Flying V |
March 17-19 |
P12.90 |
P20.40 |
P8.90 |
Photo by Ruben Manahan IVLast week’s movement
As mentioned, the DOE and participating oil brands have released a table wherein they executed the adjustments.
The price movement was as follows:
|
Gasoline |
Diesel |
Kerosene |
|
Up to P10.20 (Total) |
Up to 24.25 (Shell) |
P38.50 (Chevron) |
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