Oil companies implemented major fuel price hikes effective April 7, pushing diesel prices past P140 to P150 per liter in several areas. The increases stem from volatility in global crude markets reacting to Middle East conflict. These mark historic highs despite staggered adjustments.
MANILA, Philippines — Oil firms implemented major increases this week, driving fuel prices to historic highs.
Effective April 7, the hikes have pushed diesel prices past P140 to P150 per liter in several areas, according to Philstar.com. Even with staggered adjustments in place, consumers face elevated costs.
The increases are driven by continued volatility in global crude markets reacting to conflict in the Middle East, as noted in the April 8 price tracker.
Estimated pump prices are based on DOE NCR common prices from March 31 to April 6, 2026, plus the announced April 7 increases, for reference on April 8.
