oil price hike

PH fuel among costliest in ASEAN due to deregulation

April 10, 2026

NEWS

Persistently high fuel prices in the Philippines—now among the highest in ASEAN—are the result of deliberate government policy choices.

Double whammy of record-low peso and high global oil prices to drive up inflation

March 20, 2026

the all-time low peso and surging global oil prices are a double whammy that will double inflation in the coming months, hitting millions of poor Filipino families the hardest

Global crude prices move closely with local diesel and gasoline prices

March 10, 2026

We are heavily dependent on imported oil, so global crude prices move closely with local diesel and gasoline prices.

Govt’s fuel subsidies just bare minimum — IBON

September 13, 2023

The Php4 billion in fuel subsidies that the Marcos Jr administration is set to disburse is not enough relief for Filipinos, especially the poor, who have been burdened by rising oil prices for the past 10 weeks.

Oil taxes continue to burden Filipinos

August 18, 2023

Oil taxes have burdened Filipinos whose purchasing power continues to diminish because of uncontrolled inflation and meager wages. When removed, Filipinos could be paying much cheaper for oil.

6 consecutive weeks of oil price hikes burden Filipinos

August 15, 2023

Government can make oil products cheaper for Filipinos and moderate the snowball effect on the price of other goods and services by removing fuel taxes.