# Philippines fuel price hikes

> Live situation record from CLSTR: https://clstr.news/situations/philippines-fuel-price-hikes
> Updated: 2026-08-15T08:05:28.000Z. Sources: 9. Developments: 3.

In late July 2026, the Philippine Department of Energy announced a sharp increase in fuel prices – diesel up about P10.68 per litre, kerosene P11.77 and gasoline P3.65 – to take effect on 21 July. The hike was attributed to renewed tensions in West Asia that lifted global oil prices. With the country importing roughly 98% of its crude, authorities noted ample stock levels, but motorists and transport operators queued at stations and warned of higher household and logistics costs.

A week later, the Philippine Civil Aeronautics Board approved a Level 13 jet-fuel surcharge effective 1 August, adding roughly P423 to domestic airline tickets and P1,396 to international fares. The surcharge reflected a 7 percent rise in global jet-fuel prices to about $160 per barrel. Retail fuel sellers also announced another oil-price increase for diesel and gasoline, underscoring the ongoing pressure from volatile global oil markets on both road and air transport in the Philippines.

By mid-August, further price increases were anticipated to begin on 18 August 2026, following a brief period of rollbacks. Industry estimates projected diesel increases of P3.75 to P4.25 per litre and gasoline increases of P2.50 to P3.00 per litre. These expected hikes were driven by global supply concerns, including refinery disruptions, declining fuel inventories, and reduced exports from major suppliers. While tensions in oil-producing regions continue to tighten the market, analysts noted that rising crude inventories in the United States and slower global demand growth might limit the scale of the increases.

## Timeline

### 2026-08-15: Philippines fuel prices expected to rise starting August 18

Fuel prices in the Philippines are expected to rise on August 18, 2026, with diesel and gasoline seeing increases due to global supply concerns and refinery disruptions.

3 sources. https://clstr.news/cluster/philippines-fuel-prices-expected-to-rise-starting-august-18

### 2026-07-27: Philippines fuel price surge drives higher airfares and gasoline costs

Rising global oil prices led the Philippine Civil Aeronautics Board to raise jet‑fuel surcharges for August airfares and prompted a new gasoline price hike for motorists, increasing travel costs across the city

2 sources. https://clstr.news/cluster/philippines-fuel-price-surge-drives-higher-airfares-and-gasoline-costs

### 2026-07-20: Philippines diesel, kerosene prices jump over P10 per liter amid fuel hike

Philippines fuel prices surge on July 21, with diesel up P10.68/L, kerosene up P11.77/L and gasoline up P3.65/L, prompting commuters to fill up early amid higher transport costs.

5 sources. https://clstr.news/cluster/philippines-diesel-kerosene-prices-jump-over-p10-per-liter-amid-fuel-hike

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Cite as: Philippines fuel price hikes. CLSTR, https://clstr.news/situations/philippines-fuel-price-hikes