Industry News

PH fuel price update: Increase of up to P16.60/L for gas, P23.90/L for diesel beginning March 17

As before, the price hikes will be staggered
Image of a car being refueled
PHOTO: Adobe Stock

Thought last week’s fuel price adjustments were pretty steep? Bad news: We’re in for higher price hikes this coming week.

As before, oil companies will raise their prices incrementally over several days. There is no standard price adjustment; instead, each company has informed the Department of Energy (DOE) of its intended increase.

For the week of March 17 to 23, 2026, gasoline prices will go up by P12.90 to P16.60 per liter, while for diesel, the increase will range from P20.40 to P23.90 per liter. Kerosene will have a price hike of P6.90 to P8.90 per liter.

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Five oil companies have so far provided their planned fuel price adjustments:

Fuel price adjustments: March 17 to 23, 2026

  1. Total – P14.10/L for gasoline, P20.70/L for diesel (staggered over two days: March 17 and 18)
  2. Shell – P16.60/L for gasoline, P23.90/L for diesel, P6.90/L for kerosene (staggered over three days: March 17, 18, and 19)
  3. Seaoil – P16.30/L for gasoline, P23.30/L for diesel, P6.90/L for kerosene (staggered over two days: March 17 and 18)
  4. Petron – P12.90/L for gasoline, P20.40/L for diesel, P8.90/L for kerosene (staggered over three days: March 17, 18, and 19)
  5. Flying V – P12.90/L for gasoline, P20.40/L for diesel, P8.90/L for kerosene (staggered over three days: March 17, 18, and 19)

Philippine fuel prices: Price ranges per brand

Fuel price adjustments for the week of March 17 to 23, 2026

2026 Fuel price changes:

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PHOTO: Adobe Stock
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