DOE urges motorists: Gas up this weekend before oil price hike
Following the intensified conflict in the Middle East, local pump prices in the Philippines are expected to increase in the second week of September 2026.
Manila, Philippines — The Department of Energy has urged motorists to fill up their tanks this weekend in anticipation of higher pump prices due to an anticipated oil price hike. Oil Industry Management Bureau Director Rino Abad stated that recent events in the Middle East, particularly the attacks on oil tankers in the Strait of Hormuz, have had a significant impact on the global oil and fuel market, making an increase in local pump prices highly likely within the coming week.
While the official has not provided a precise estimate, Abad suggested that the expected rise is "very close" to P4-P5, surpassing the announced price adjustments for the first week of September. Gasoline prices increased by P1.08, diesel by P2.31, and kerosene by P0.95 this week. Abad advised motorists to refuel this weekend instead of waiting until Tuesday, as this could help them avoid the price increase set to take effect on the following Tuesday.
Local pump price adjustments are announced every Monday and take effect every Tuesday at 6 a.m. The news of the attacks on oil tankers in the Middle East has contributed to the global price adjustments for oil and fuel products.
Written by urgent.news from Philippine Star Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
