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Local oil prices are set for another increase starting May 5, 2026. Diesel prices are projected to rise between P0.40 and P0.70 per liter, while gasoline prices may see an uptick of approximately P1.30 to P1.70 per liter.
These adjustments reflect recent trends in the global oil market, which have influenced local pricing.
The upcoming price hike follows a period of mixed adjustments, with gasoline prices trending upwards while diesel and kerosene saw reductions.
Current Prices as of May 4, 2026
As of May 4, the prices at Shell gas stations in Manila were closely monitored, reflecting the market's volatility.
Consumers are advised to prepare for these changes in fuel pricing as they may impact transportation and daily expenses.
CC Media