MANILA – Motorists should prepare for a diesel price increase next week, with gasoline expected to hold steady or see minimal adjustments, according to industry forecasts released on January 3, 2026. The projected changes reflect mixed movements in the Mean of Platts Singapore (MOPS) benchmark amid global supply dynamics and holiday demand normalization.
Estimated Price Adjustments (Per Liter, Effective Week of Jan 7-9, 2026)
| Product | Projected Change | Key Factors |
|---|---|---|
| Diesel | +P0.40 to +P0.70 | Supply tightness; regional demand |
| Gasoline | +P0.00 to +P0.20 | Balanced crude movements |
| Kerosene | +P0.30 to +P0.60 | If adjusted by firms |
Major oil companies (Shell, Petron, Seaoil, Cleanfuel) typically announce exact figures on Mondays, with rollbacks or hikes effective Tuesdays.
This follows the December 30, 2025, increase (diesel +P0.30-0.50/L, gasoline flat to +P0.10/L), keeping year-to-date net hikes high (~P20+ per liter for diesel/gasoline from 2025 start).
Analysts note:
- Diesel Pressure: Stronger industrial/transport demand post-holidays.
- Gasoline Stability: Offset by softer crude amid OPEC+ production decisions.
- Global Context: Brent crude hovering ~$75-78/barrel.
For commuters starting 2026, refuel early if diesel-dependent—prices remain volatile into the new year.
Current Average Pump Prices (Metro Manila, early Jan 2026):
- Gasoline: ~P56-61/liter
- Diesel: ~P54-59/liter
Stay updated via DOE advisories.