Jauhn Etienne Villaruel

A motorcycle rider stops for a refill at a gasoline station in Manila on February 26, 2022. Gasoline prices which already increased for 8 straight weeks recently are expected to rise further amid the escalating conflict between Ukraine and Russia. George Calvelo, ABS-CBN News

Article (news)

Zen Hernandez

ABS-CBN News

<div><span class="fr-img-caption fr-fic fr-dib" style="width:960px"><span class="fr-img-wrap"><img src="https://od2-image-api.abs-cbn.com/prod/editorImage/175729220867120220226-gast-station-oil-price-GC-7897.jpg" style="width:960px" class="fr-fic fr-dib" alt="A motorcycle rider stops for a refill at a gasoline station in Manila on February 26, 2022. George Calvelo, ABS-CBN News"/><span class="fr-inner" style="text-align:left">A motorcycle rider stops for a refill at a gasoline station in Manila on February 26, 2022. George Calvelo, ABS-CBN News</span></span></span></div><p>MANILA — Oil prices are up for the second week of September—and for a third consecutive week—as earlier projected by the Department of Energy.</p><div><a href="https://www.abs-cbn.com/news/business/2025/9/5/oil-price-hike-expected-for-third-consecutive-week-0715">Oil price hike expected for third consecutive week</a></div><p>Petroleum companies on Monday announced the following pump price movements effective Tuesday, Sept, 9.</p><div> </div><div><strong>SHELL PILPINAS, SEAOIL, CALTEX, FLYING V (effective 6 a.m.)</strong></div><p>• Gasoline - P1.00/L ⬆️</p><p>• Kerosene - P0.70/L ⬆️</p><p>• Diesel - P1.40/L  ⬆️</p><div> </div><div><strong>CLEANFUEL (effective 4:01 p.m.)</strong></div><p>• Gasoline - P1.00/L ⬆️</p><p>• Diesel - P1.40/L  ⬆️</p><div> </div><div><strong>PETROGAZZ, PTT PHILIPPINES, UNIOIL, JETTI PETROLEUM (effective 6 a.m.)</strong></div><p>• Gasoline - P1.00/L ⬆️</p><p>• Diesel - P1.40/L  ⬆️</p><div> </div><p>Energy Assistant Director Rodela Romero said the price hikes are still due to the intensified attacks of Ukraine on Russia&#x27;s energy facilities.</p><p>More US sanctions against oil from Iran also push imported fuel prices up last week, as seen by the  higher pump prices in the Philippines last Tuesday.</p><div><br/></div><div><strong>In the last 3 weeks, prices have increased by the following amounts:</strong></div><div> </div><p>Diesel      P2.90/L increase</p><p>Gasoline  P2.40/L increase</p><p>Kerosene P1.70/L  increase</p><div> </div><p>Drivers of jeepneys and taxis are feeling the pinch of the continuous increase.</p><p>Jeepney groups have filed for a P1 provisional hike in the minimum fare, but newly installed DOTR Secretary Giovanni Lopez says the fare petition still needs to be studied by the Department of Economy, Planning, and Development (DEPDev) for its possible impact on inflation.</p><p>Lopez said the DOTr will study if the government can speed up the release of fuel subsidy for jeepney drivers while waiting for the fare hike that would push the minimum fare to P14 for ordinary jeepneys and P16 for modernized jeepneys.</p><div> </div><div><strong>ERC EXPECTS SLIGHT HIKE FOR MERALCO RATE</strong></div><div> </div><p>Meanwhile, Energy Regulatory Commission Chairman Saturnino Juan sees a slight increase in Meralco&#x27;s overall rate for September.</p><p>Juan has confirmed that there is around P0.25/kwh hike attributable to the payment due to 2 San Miguel Corporation power plants after the company won in the Supreme Court decision questioning the earlier decision of the ERC disallowing the change in its contract with Meralco due to higher coal prices in 2022.</p><p>Prices in the reserve market also rose for August which can push transmission charge collected by the National Grid Corporation of the Philippines.</p><p>According to Juan, the total collectibles of San Miguel plants amount to P5.1 billion but the commission has decided to stagger the collection, thus the increase of P0.25/kwh from September 2025 to February 2026 billing of consumers.</p><div><br/></div><div><strong>OIL SUPPLY STABLE BUT EXPECT MORE PRICE INCREASES DUE TO GLOBAL ISSUES - DOE</strong></div><div><br/></div><p>Another round of increase is expected to be implemented again tomorrow on the price of petroleum products—with a hefty one peso increase for gasoline, P1.40 for diesel and 70 centavos per liter for kerosene.</p><p>Prices have been on an upward trend since four weeks ago, bringing pump prices to almost 60 pesos per liter for both gasoline and diesel, and above 70 for kerosene.</p><p>“Yung gasolina ngayon nasa almost 59 to 60 pesos per liter. Ang diesel ho nasa 56 to 57 per liter and then kerosene ho nasa 74 to 75 pesos per liter,” Director Rino Abad of the Department of Energy (DOE) Oil Industry Management Bureau.</p><p>Abad explained that the rising trend in petroleum prices is due to the impact of global events and developments during the past few days and weeks. For one, the Organization of Petroleum Expoorting Countries plus Russia (OPEC+) has decided to only raise production by 137,000 barrels of oil per day starting October, way lower than the 555,000BPD for August and September and the 411,000BPD in June and July.</p><p>Apart from this, the renewed conflict between Ukraine and Russia is also affecting global supplies, with Ukraine’s defensive strikes hitting Russian oil infrastructures. Add to this as well, United States’ (US) sanctions on oil-producing Iran.</p><p>“Please note, ang Iran ho ngayon, kung wala pa ho ang mga sanction na yan, ay nag-eexport ho ng 2 million barrels of oil per day to the international market. So ang kinakaba na naman ng market, kasi ang higpit-higpit ho ng US, pag hindi ho makalabas yan, malaki na naman ho yan,” Abad warned.</p><p>Despite this, Abad assured that the supply of petroleum products in the Philippines remain stable.</p><p>“Marami ho kasing pinagkukunan ng pang replacement. Uunang-una diyan yung mga reserved na naka-inventory sa kanya-kanyang supplier, like Saudi and the rest of non-affected OPEC, ang naapektuhan lang naman sa kanila Russia. So ready naman ho i-increase yan. But of course, yung market sentiment po nagkakaroon agad ng speculative impact towards increasing the price. So dito, wala hong narereport na merong supply disruption, if supply ang pag-uusapan. But there is now an onset of increase in price,” he explained.</p><p>The DOE also sees no reason to intervene yet on pump prices, since is considered “unusual” as of yet, according to Abad.</p><p>Discount programs being offered by oil companies to Public Utility Vehicles (PUV) also remain undisrupted, at the moment.</p><div><br/></div><div><span class="fr-video fr-deletable fr-fvc fr-dvb fr-draggable" contenteditable="false" draggable="true"><iframe width="640" height="360" src="https://www.youtube.com/embed/qYrmwKrubXw?&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe></span><br/></div>

<p>Petroleum companies announced the following pump price movements effective Tuesday, Sept, 9.</p>

Petroleum companies announced the following pump price movements effective Tuesday, Sept, 9.

Oil prices up in 2nd week of September

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Oil prices up in 2nd week of September

Jauhn Etienne Villaruel,

Zen Hernandez,

ABS-CBN News

Published September 08, 2025 08:45 AM PHT

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Updated September 08, 2025 08:04 PM PHT

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