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FUEL PRICES RISE BY MORE THAN ₱4 A LITER
Fuel companies raised pump prices on Tuesday after the Department of Energy placed this week’s maximum increases at ₱5.68 per liter for gasoline, ₱4.31 for diesel and ₱4.62 for kerosene. The actual adjustment can vary by company. Jetti, for example, announced ₱5.60 for gasoline and ₱4.30 for diesel, while Seaoil matched the DOE figures.
The DOE numbers are the maximum increases it reported for the week, not proof that every station added exactly the same amount at the same time. At the DOE figure, a 10-liter gasoline purchase costs ₱56.80 more than before the increase. Twenty liters of diesel costs ₱86.20 more. Together with last week’s increase, gasoline has risen by ₱10.37 per liter, diesel by ₱9.49 and kerosene by ₱10.20 in only two weeks.
This does not automatically authorize a jeepney or bus fare increase. Transport groups may ask for relief or file a petition, but fares change only through the proper regulatory process. The immediate effect is on motorists, drivers and businesses buying fuel today. The wider effect on fares and food prices depends on how long high oil prices and a weak peso last.
WHAT TO WATCH
Company-specific pump notices, any formal LTFRB fare petition or order, and whether next week brings another increase rather than a partial rollback.