Tovic Salvador

Motorists queue for fuel at a gas station in Pasig City on October 10, 2022, a day before a new round of oil price hike takes effect. Diesel prices is forecast to increase by P6 to P6.85 per liter, gasoline prices at P1.20 to P1.40 per liter, and kerosene prices by P3.50 to P3.70 per liter. Mark Demayo, ABS-CBN News

Article (news)

FUEL PRICE HIKE

Alvin Elchico

ABS-CBN News

MANILA — Diesel and kerosene prices have gone up further on the third trading day in the world market.Based on the latest data, these are the current fuel price adjustments:Diesel       P0.80  UPGasoline   P0.70  DownKerosene  P1.00  UPJetti Petroleum President Leo Bellas said crude and finished product prices might ease today and tomorrow as optimism over US-Iran talks eased supply concerns, with discussions in Qatar going well.But it may not be enough to wipe out the increase in diesel and kerosene, though it could temper the possible increase next week, according to Bellas.In the Philippines, the Energy Department sets the weekly price adjustments since the declaration of the state of energy emergency.The DOE issues a price range for the adjustments with a spread of P2.00 to accommodate the different cost structures of oil companies.

Diesel and kerosene prices have gone up further on the third trading day in the world market.

Diesel and kerosene prices have gone up further on the third trading day in the world market.

Diesel up on third day of trading in world market

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Diesel up on third day of trading in world market

Alvin Elchico,

ABS-CBN News

Published July 02, 2026 04:43 PM PHT

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fuel prices

diesle

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