Fuel prices will go up across all categories for the second consecutive week, further raising costs for households, transport operators, and businesses nationwide, the Department of Energy (DOE) confirmed on Monday. Starting 6 a.m. on August 25, per-liter prices will increase by P1.08 for gasoline, P2.31 for diesel, and P0.95 for kerosene. Seaoil has already confirmed it will implement these adjustments, with a slight difference for kerosene at a P0.91 per liter hike instead of the projected P0.95.
Combined with last week’s increases, the two-week total now stands at a rise of P3.57 per liter for gasoline, P6.15 per liter for diesel, and P5.96 per liter for kerosene. These hikes directly push up daily expenses as higher diesel rates raise delivery fees, transport fares, and manufacturing costs, while kerosene and gasoline increases hit household budgets and commuter costs alike. Based on DOE data covering August 18 to 24, current prices in Metro Manila average P74.80 per liter for RON 91 gasoline, P90.30 per liter for diesel, and P116.50 per liter for kerosene.
Total fuel supply as of August 21 stands at 47.22 days, down from 58.34 days recorded a week earlier. Gasoline supply fell to 44.39 days from the previous 55.26 days, while diesel supply dropped to 47.66 days from 57.55 days. Kerosene inventory declined to 121.85 days from 164.01 days, jet fuel supply fell to 75.57 days from 111.86 days, and LPG reserves decreased to 34.49 days from 40.22 days. Only fuel oil saw a slight uptick to 54.33 days from 49.79 days. Energy Undersecretary Alessandro Sales explained that the drop reflects normal commercial ordering cycles rather than shortages, emphasizing that supply continues to be available and authorities remain comfortable with inventory levels.
Sales also noted the global market is now in a “grinding attrition” phase, making double-digit weekly price adjustments unlikely in the coming weeks. He added that a big spike could only happen if there is major damage to ports or pipelines, and called such a scenario low-probability for now.
