Oil prices in the Philippines are set for another increase in the last week of January due to supply disruptions in Central Asia and strong economic data from China.
Based on early trading at the Mean of Platts Singapore (MOPS), gasoline is expected to rise by ₱0.30–₱0.50 per liter, diesel by ₱1.20–₱1.40 per liter, and kerosene by about ₱0.45 per liter.
The hikes are driven by production halts at major oilfields in Kazakhstan, export constraints in the Black Sea, and geopolitical tensions, including possible U.S.-EU frictions over Greenland and Middle East uncertainties.
Analysts noted that ample regional gasoline supply ahead of the Lunar New Year may temper price spikes compared to diesel and other middle distillates.
Local oil firms usually finalize weekly adjustments on Mondays, with new prices taking effect the following day.
Source: PhilNews24 | January 25, 2026
MOTORISTS TO FACE HIGHER DIESEL COSTS AS PRICES JUMP ₱1.40/L
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