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More oil firms hike prices, with double-digit jump for diesel

Ian Laqui - Philstar.com
More oil firms hike prices, with double-digit jump for diesel
Heavy traffic builds up along EDSA-Taft in Pasay City on Monday, April 6 as motorists and commuters return to Metro Manila after the Holy Week break.
The STAR / Ryan Baldemor

MANILA, Philippines — Fuel prices rose anew on Tuesday, April 7, as oil firms implemented another round of increases led by double-digit hikes in diesel, extending the upward trend five weeks into the US-Iran conflict..

In separate advisories, companies raised diesel prices by as much as P19.80 per liter, while gasoline increased by P4.90 to P5.90 per liter. Kerosene prices also climbed where applicable.

Fuel price increases by company

Effective Tuesday, April 7, 2026

Company Effectivity Diesel Gasoline Kerosene
Shell 6 a.m. P19.80/liter P5.90/liter P9.10/liter
Petron 6 a.m. P18.80/liter P4.90/liter P8.10/liter
Jetti Petroleum 6 a.m. P18.60/liter P5.40/liter
SeaOil 6 a.m. P17.95/liter P4.90/liter P8.10/liter
PetroGazz 10 a.m. P18.00/liter P5.00/liter
CleanFuel 8:01 a.m. P15.00/liter P4.90/liter
Source: Oil company advisories for Tuesday, April 7, 2026.

PRICE TRACKER: See estimated pump prices for Tuesday, April 7

Diesel still the main driver

Diesel continues to bear the brunt of the adjustments.

The latest increases come on top of already elevated pump prices, further raising operating costs for transport groups and businesses dependent on fuel.

Prolonged pressure. The continued price hikes follow weeks of sustained increases linked to disruptions in global oil supply.

With no immediate easing in global conditions, the latest round of adjustments is expected to strain transport fares, logistics costs and household expenses.

DIESEL

GASOLINE

KEROSENE

OIL PRICES

US-IRAN TENSIONS

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