Philippine fuel price changes: gasoline up P3.50, diesel down P1

What happened. The DOE approved the weekly fuel price changes for November 3 to 9. Retailers may raise gasoline by up to P3.50 per liter and roll back diesel by P1.00 and kerosene by P1.90. Rappler words the diesel and kerosene cuts as at least P1 and at least P1.90. The actual changes depend on retailers. They take effect on Tuesday, November 3, 2026. The start hour is not stated in the articles we opened.

The reason. The DOE says the changes follow movements in the global oil market, amid ongoing developments in the Middle East that affect global supply and prices. An oil industry source quoted by GMA News also named an easing supply outlook for diesel and higher imported costs of crude. The Philippines imports much of its petroleum as finished products, so pump prices follow regional fuel markets, freight costs and exchange rates.

Where prices stand. DOE monitoring for October 27 to November 2 put common prices in Metro Manila (NCR) at P84.20 per liter for RON95 gasoline, P83.30 for RON91, P94.50 for diesel and P123.90 for kerosene. Last week gasoline was rolled back P0.30, while diesel rose P1.20 and kerosene P0.50. GMA News says the net change since the start of the year, as of October 27, was a rise of P68.55 per liter for gasoline, P65.63 for diesel and P63.25 for kerosene.

Taxes. Excise taxes on LPG and kerosene stay suspended under Executive Order No. 125, issued by President Ferdinand Marcos Jr. in September. The relief does not cover gasoline or diesel.

What is not known. We could not open the DOE advisory page itself, so we rely on its text as quoted by GMA News. We have no brand-by-brand prices. We have no forecast for next week either. This is an overview, not advice.

Confirmed facts

• Under the DOE's approved adjustments, retailers may raise gasoline by up to P3.50 per liter and roll back diesel by P1.00 and kerosene by P1.90. The changes take effect on Tuesday, November 3, 2026, and the actual adjustments depend on retailers.^[1]
• Per ABS-CBN, the DOE said gasoline will rise P3.50 per liter, diesel will fall P1 and kerosene will fall P1.90.^[2]
• Per Rappler, the permitted adjustments for November 3 to 9 are gasoline up by as much as P3.50 per liter, diesel down by at least P1 and kerosene down by at least P1.90.^[3]
• The DOE said in an advisory that the changes are based on movements in the global oil market amid ongoing developments in the Middle East that affect global supply and prices.^[1]
• An oil industry source quoted by GMA News cited an easing supply outlook on diesel and higher imported costs of crude.^[1]
• Last week gasoline was rolled back P0.30 per liter, while diesel rose P1.20 and kerosene P0.50.^[1][3]
• As of October 27, 2026, year-to-date adjustments were a net increase of P68.55 per liter for gasoline, P65.63 for diesel and P63.25 for kerosene.^[1]
• DOE monitoring for October 27 to November 2 put common NCR prices at P84.20 per liter for RON95 gasoline, P83.30 for RON91, P94.50 for diesel and P123.90 for kerosene.^[3]
• The Philippines imports much of its petroleum requirements as finished products, making domestic prices vulnerable to changes in regional fuel markets, freight costs and foreign exchange rates.^[3]
• Excise taxes on LPG and kerosene remain suspended under Executive Order No. 125, issued by President Ferdinand Marcos Jr. in September. The relief does not cover gasoline or diesel.^[3]

Implications

• ConfirmedFrom November 3 gasoline can get more expensive while diesel and kerosene get cheaper: the DOE has allowed these changes.
• ConfirmedPhilippine pump prices follow the world oil market, and gasoline and diesel can move in opposite directions in the same week.
• Our readingFinal pump prices may differ from the allowed maximums because the decision is with retailers. This is our view.

Still unknown

• The hour the oil companies start the changes
• How each company applies the changes
• What the DOE announces next week
• The text of the DOE advisory itself: its page was not available

Who it affects

Philippines, World. Drivers, small business owners and anyone following fuel prices in Southeast Asia

Sources

1. GMA News: Gasoline pump prices up; diesel and kerosene down November 3, 2026 November 2, 2026 · media
2. ABS-CBN News: Gasoline prices up by more than P3 in first week of November November 2, 2026 · media
3. Rappler: Gasoline prices get big hike on November 3, diesel and kerosene roll back November 2, 2026 · media