Softer oil price hikes seen next weekFew jeepneys ply along España Boulevard in Manila during the second day of the transport strike on March 27, 2026 leaving commuters with limited public transportation options. MANILA, Philippines — Motorists may see a modest rise in gasoline prices next week, but diesel remains on track for another double-digit spike amid the global oil crisis. After four days of trading on the Mean of Platts Singapore, an industry source indicated a potential price increase of up to P3 per liter for gasoline. Diesel prices, meanwhile, are likely to see a steeper increase, potentially rising by P11 to P12 per liter. This threatens to push the price of regular diesel above P140 per liter and premium diesel beyond P150 per liter.

Source: Philippine Star March 27, 2026 16:06 UTC