Realistic depiction of a gas station with surging fuel prices amid US-Iran tensions and oil disruptions.
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Oil firms hike fuel prices again on April 7

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Kiswahili

Oil companies raised fuel prices again on Tuesday, April 7, 2026, with diesel hikes up to P19.80 per liter. The increases stem from ongoing US-Iran tensions and global oil supply disruptions. This marks the 13th to 15th consecutive weekly rise.

MANILA, Philippines — Oil companies announced further increases in gasoline, diesel, and kerosene prices effective 6 a.m. on Tuesday, April 7, 2026.

According to advisories, Petron raised diesel by P18.80 per liter, gasoline by P4.90, and kerosene by P8.10. Shell increased diesel by P19.80, gasoline by P5.90, and kerosene by P9.10. SEAOIL hiked diesel by P17.95, gasoline by P4.90, and kerosene by P8.10. Jetti will raise diesel by P18.60 and gasoline by P5.40 effective April 10.

These hikes follow weeks of rises linked to the US-Israel war against Iran that began on February 28, disrupting Middle East shipping routes and driving up crude oil prices.

Last week, Metro Manila diesel ranged from P110 to P150.30 per liter, gasoline from P82.50 to P105.60. Industry sources said diesel could reach up to P170 per liter this week.

Watu wanasema nini

Discussions on X focus on the significant fuel price hikes effective April 7, 2026, in the Philippines, with diesel increasing up to P19.80 per liter, marking the fifth consecutive week of major rises due to Middle East tensions. Transport groups like PISTON express dismay and plan protests demanding removal of excise taxes and deregulation repeal. News outlets and journalists report the announcements from Shell and Petron, while users highlight impacts on drivers and commuters.

Makala yanayohusiana

Image of a gas station in the Philippines illustrating rising fuel prices amid Middle East tensions.
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Fuel prices rise in Philippines as Middle East tensions persist

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Oil companies raised gasoline and diesel prices on May 19 while lowering kerosene rates, citing renewed geopolitical risks in the Middle East. The Department of Energy set maximum adjustments to stabilize the market.

Diesel rises by over P12 per liter in new oil price hikes

Oil firms will implement another round of fuel price hikes this week, with diesel seeing double-digit increases amid elevated global oil prices. Shell and Jetti Petroleum announced diesel increases of P12.90 per liter, while PetroGazz, Seaoil and UniOil raised prices by P12.50 per liter. Gasoline and kerosene prices also rose, though at slower rates.

Diesel, kerosene prices drop; gasoline rises on April 28

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Oil firms will implement fuel price adjustments on Tuesday, April 28, 2026, with diesel and kerosene posting rollbacks while gasoline edges higher. The Department of Energy reported a minimum diesel rollback of P12.94 per liter, kerosene by P15.71 per liter, and a gasoline increase of P0.53 per liter.

Asia

Fuel rollback forecasts widen: Diesel down P24-P26/L for April 21

Asia

Further diesel price cuts of P17-P19 per liter expected April 21 as Middle East ceasefire stabilizes

Siasa

Oil firms announce double-digit price hikes starting March 10

Diesel price cut expected next week

Diesel prices in Metro Manila could drop to P70 to P90 per liter next week. Local fuel retailers are expected to implement fresh rollbacks following progress in Middle East peace talks.

Gasoline prices show minimal changes starting this Thursday

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The National Petroleum Company reported minor fuel price changes on Wednesday that take effect Thursday, May 7. 93-octane gasoline rises 0.1 pesos per liter and diesel falls 47.3 pesos, while kerosene stays the same.

South African fuel prices to rise sharply from Wednesday

Petrol prices in South Africa will increase by 14% and diesel by nearly 24% from Wednesday, 6 May, due to the ongoing Iran war. The Department of Mineral Resources and Petroleum (DMPR) announced the hikes amid rising global Brent crude prices. Temporary fuel levy reductions offer some relief.

Government announces historic gasoline and diesel price hikes due to Iran conflict

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Finance Minister Jorge Quiroz announced increases of $370 per liter in 93-octane gasoline and $580 in diesel, effective from Thursday, March 26, due to the international oil price surge from the Iran conflict. The government also activated palliative measures, including freezing Transantiago fares until year-end and subsidies for taxi drivers. Quiroz justified the moves as necessary to align local prices with international levels and safeguard public finances.

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