BUSINESS
Advocates Philippines
Fuel Prices Spike Again: Gas, Diesel, Kerosene To Get Costlier On Jan. 27
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Motorists across the Philippines are bracing for another round of price increases at the pump as several oil companies announced fresh hikes in gasoline, diesel, and kerosene prices set to take effect on Tuesday, January 27, 2026.
Here’s the latest increase per liter:
• Gasoline: ₱0.40
• Diesel: ₱1.40
• Kerosene: ₱0.80
These latest adjustments mark the third straight weekly increase for gasoline and the fifth consecutive increase for diesel and kerosene since the start of the year.
Why Prices Keep Rising
Industry experts say the main drivers are global market forces, including:
• Supply constraints abroad – production issues in major oilfields and export bottlenecks are tightening the market.
• Rising global demand – especially from large economies like China, which increases pressure on fuel prices.
• Geopolitical tensions – ongoing instability in key oil-producing regions continues to keep prices volatile.
These factors come on top of already higher base prices from previous weeks, including a recent hike just last Tuesday, which is why consumers are feeling the impact faster.
What Industry Leaders Are Saying
Jetti Petroleum President Leo Bellas said that global market concerns are the main force behind the latest increases, as supply and demand remain unpredictable.
What This Means for Filipinos
With diesel experiencing the steepest jump, commuters and businesses may soon feel ripple effects in transport fares and goods prices if the trend continues.
Economists warn that as long as global crude prices stay high and geopolitical risks persist, more price adjustments at the pump may be expected in the coming weeks.
Here’s the latest increase per liter:
• Gasoline: ₱0.40
• Diesel: ₱1.40
• Kerosene: ₱0.80
These latest adjustments mark the third straight weekly increase for gasoline and the fifth consecutive increase for diesel and kerosene since the start of the year.
Why Prices Keep Rising
Industry experts say the main drivers are global market forces, including:
• Supply constraints abroad – production issues in major oilfields and export bottlenecks are tightening the market.
• Rising global demand – especially from large economies like China, which increases pressure on fuel prices.
• Geopolitical tensions – ongoing instability in key oil-producing regions continues to keep prices volatile.
These factors come on top of already higher base prices from previous weeks, including a recent hike just last Tuesday, which is why consumers are feeling the impact faster.
What Industry Leaders Are Saying
Jetti Petroleum President Leo Bellas said that global market concerns are the main force behind the latest increases, as supply and demand remain unpredictable.
What This Means for Filipinos
With diesel experiencing the steepest jump, commuters and businesses may soon feel ripple effects in transport fares and goods prices if the trend continues.
Economists warn that as long as global crude prices stay high and geopolitical risks persist, more price adjustments at the pump may be expected in the coming weeks.
Jan 26, 2026
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