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  • 4 hours ago
Oil companies announce another round of major pump price hikes starting April 7 amid the continuing conflict in the Middle East. Pump prices are expected to rise by P17 to P19 for diesel and P3 to P5 per liter for gasoline.

Full story: https://www.rappler.com/business/pump-prices-surge-april-7-2026/
Transcript
00:01Oil companies announced another round of major pump price hikes starting April 7 amid the continuing conflict in the Middle
00:07East.
00:08This is the 13th consecutive week gasoline prices increased while it is the 15th straight week diesel and kerosene prices
00:14rose.
00:15Oil industry sources earlier said diesel prices may soar to nearly 150 pesos to 170 pesos per liter this week.
00:22Pump prices are expected to rise by 17 to 19 pesos per liter for diesel and 3 to 5 pesos
00:28per liter for gasoline.
00:29Diesel and gasoline prices ranged from about 50 to 60 pesos before the U.S.-Israel war against Iran began on
00:35February 28.
00:36The Department of Energy's latest price monitoring bulletin shows regular diesel prices in Metro Manila settled between 110 and 150
00:43pesos and 30 centavos per liter in the previous week,
00:46while gasoline prices ranged from 82 pesos 50 centavos to 105 pesos and 60 centavos per liter.
00:53Visit Rappler for advisories from oil companies.
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