MANILA, Philippines – Fuel prices are set to increase once again this week, with diesel potentially reaching as high as P170 per liter, as major oil companies implement new pump price adjustments. Gasoline rates are also expected to climb, with hikes ranging from P3 to P5 per liter.
This week marks the 13th consecutive week of rising gasoline prices and the 15th consecutive week of increases for diesel and kerosene, continuing a trend that has been affecting transportation costs and consumer spending nationwide.
Several fuel retailers have already released advisories for the upcoming week:
- Petron – Effective 6 a.m. on Tuesday, April 7, diesel prices will rise by P18.80 per liter, gasoline by P4.90 per liter, and kerosene by P8.10 per liter.
- Shell – Also starting 6 a.m. on Tuesday, April 7, diesel prices will increase by P19.80 per liter, gasoline by P5.90 per liter, and kerosene by P9.10 per liter.
- SEAOIL – Effective at the same time, diesel will increase by P17.95 per liter, gasoline by P4.90, and kerosene by P8.10.
- Jetti Petroleum – Effective 6 a.m. on Friday, April 10, diesel prices are expected to rise by P18.60 per liter, while gasoline will be adjusted upward by P5.40 per liter.
Industry sources say diesel prices could soar to nearly P150 to P170 per liter this week if the projected adjustments are fully implemented, highlighting the continuing volatility in the domestic fuel market. Before the start of the recent international tensions, diesel and gasoline prices ranged from around P50 to P60 per liter.
According to the Department of Energy’s latest price monitoring bulletin, regular diesel prices in Metro Manila last week settled between P110 and P150.30 per liter, while gasoline prices ranged from P82.50 to P105.60 per liter. The persistent upward trend in fuel prices is expected to affect logistics, transportation, and consumer goods prices, as higher energy costs are often passed along the supply chain.
Analysts suggest that consumers and businesses should monitor pump price updates closely and plan accordingly, especially for sectors that rely heavily on diesel-powered transportation and machinery. With fuel costs continuing to climb, adjustments in budgeting and operational planning are becoming increasingly critical for households and companies alike.
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