Philippines fuel price surge drives higher airfares and gasoline costs

The Philippine Civil Aeronautics Board approved a Level 13 jet‑fuel surcharge effective 1‑15 August, adding roughly P423 to domestic tickets and P1,396 to international fares. The increase follows a rise in global jet‑fuel prices to about $160 per barrel, a 7 percent jump from the previous week.

Separately, motor‑fuel retailers announced a new oil‑price hike scheduled for Tuesday, with higher diesel and gasoline rates as global oil‑market volatility continues to push transport costs and household expenses upward.

Both measures reflect the impact of rising global oil prices on Philippine consumers, affecting airline travel and road transport alike.