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Mixed pump price adjustments seen
The Philippine Star
|June 30, 2026
Fuel price adjustments this week cover both hikes and rollbacks, with gasoline set for the steepest increase of nearly P2 per liter, according to the Department of Energy.
DOE Secretary Sharon Garin said pump prices of gasoline may rise by as much as P1.90 per liter, diesel by P0.84 and kerosene by P1.22 starting today.
But some fuel stations may also implement maximum price rollbacks of P0.10 per liter for gasoline, P1.16 for diesel and P0.78 for kerosene.
People are questioning the range in fuel price adjustments.
"With oil markets calming, we have placed a price range so that companies can earn near what they pay as actual expenses," Garin said yesterday.
"Each company can choose within a range what it wants to mark up or mark down... Some of them are running at a loss, while others are earning, but this is just an average. Hopefully, while we're not returning to the previous (prices), this will be the compromise that we have seen," she added.
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