Pump prices to fall Sept. 29 after 3 straight weeks of hikes

MANILA, Philippines — Local pump prices are set to decline this week, ending September with lower fuel costs for motorists and the transport sector after three consecutive weeks of increases.

The Department of Energy said Monday, September 28, that the following price adjustments will take effect starting 6 a.m. Tuesday, September 29:

The adjustments will remain in effect until Monday, October 5.

The rollback follows three straight weeks of price hikes across major petroleum products, which pushed some pump prices above P100 per liter. Pump prices had climbed sharply this month, with diesel rising by a cumulative P18.31 per liter, kerosene by P16.67 and gasoline by P15.25, according to DOE figures.

DOE Oil Industry Management Bureau Director Rino Abad said last week that global oil prices eased after Saudi Arabia announced that 40% of its oil export operations would resume.

Higher fares for jeepneys and other public utility vehicles took effect on September 28, while transport groups also mounted strikes to demand relief from rising fuel costs.

abtestabtest Beyond substituted filing By Nelfa Bermundo | 14 hours ago For many employees, tax compliance is often perceived as complete upon receipt of their Certificate of Compensation/Tax Withheld or the Bureau of Internal Revenue Form 2316 from their employer. Business ‘New auction rules put Semirara coal output at risk’ By Brix Lelis | 14 hours ago The Semirara coal mine in Antique could face zero output if the government awards the new contract solely to the highest bidder,... Business Taiwanese firm eyes $1 billion plant in Clark By Louella Desiderio | 14 hours ago A Taiwanese technology firm plans to invest $1 billion for a manufacturing facility in New Clark City, according to the Bases... Business Can you improve this work process? By Rey Elbo | 14 hours ago There was an old story about three lumberjacks sent into the forest. Business JKS buys P2.88 billion PhilWeb shares, ups stake to 14.2% By Richmond Mercurio | 14 hours ago Technology firm JKS Tech Solutions Inc. is raising its stake in listed gaming service provider PhilWeb Corp. to 14.22 percent... Business Latest More in Business More GCash services for underserved Filipinos loom amid Mynt IPO — analyst Globe gets nod from Morgan Stanley as GCash IPO nears Price Tracker: Oil, fuel monitor for Sept. 28–Oct. 5 Mitsubishi charges ahead with plans to export hybrid abtest Airfares soaring to new highs By Elijah Felice Rosales | 14 hours ago Filipinos booking their holiday flights in October will find themselves paying more – some by as much as nearly P14,000... Business Bad weather sinks car sales, but xEVs zoom By Louella Desiderio | 14 hours ago Heavy rainfall and flooding led to an 18-percent decline in overall vehicle sales in August from a year ago, but demand for... Business Stocks tumble as Trump rejects Iran proposal By Richmond Mercurio | 14 hours ago The local stock market started the week on a sour note amid renewed concerns over possible prolonged oil supply disrupti... Business DigiPlus hits bump in Brazil venture By Richmond Mercurio | 14 hours ago Digital entertainment company DigiPlus Interactive Corp. has encountered another obstacle in its venture in Brazil. Business AMLC to banks: Show AI helps curb financial crime By Keisha Ta-Asan | 14 hours ago Banks and other financial institutions using artificial intelligence to fight financial crime should be able to show that... Business Recommended ‘11 contracts won by GenCorp had no public bidding’ 14 hours ago The Davao City government awarded 11 of its 15 contracts to private firm GenCorp without public bidding, a procurement official... BusinessRENDELL SOPEñA Impeach court gives Ridon ‘stern warning’ on comments 14 hours ago The Senate impeachment court has issued a stern warning to House prosecutor Bicol Saro party-list Rep. Terry Ridon over comments... BusinessTERRY RIDON Defense: No decision yet on questioning vote to convict 14 hours ago There is no final decision yet on whether the defense will file a petition before the Supreme Court questioning the Senate... BusinessMICHAEL POA Political stability September 29, 2026 - 12:00am On Friday night, Sept. 25, 2026, I was a moderator at the MOPC Senate Night with Senate President Sherwin “Win” Gatchalian as guest of honor and speaker. BusinessSENATE Gracioso dismissal no reason to disregard statements, says NBI chief 20 hours ago Photos and documents submitted by the former policeman will be examined. BusinessLORD ALLAN VELASCOMELVIN MATIBAGNATIONAL BUREAU OF INVESTIGATION next Recommended ‘11 contracts won by GenCorp had no public bidding’ The Davao City government awarded 11 of its 15 contracts to private firm GenCorp without public bidding, a procurement official revealed yesterday at the resumption of the impeachment trial of Vice President Sara Duterte. 14 hours ago RENDELL SOPEñA Impeach court gives Ridon ‘stern warning’ on comments The Senate impeachment court has issued a stern warning to House prosecutor Bicol Saro party-list Rep. Terry Ridon over comments he made in media interviews that have been flagged for possible violation of the gag order. 14 hours ago TERRY RIDON Defense: No decision yet on questioning vote to convict There is no final decision yet on whether the defense will file a petition before the Supreme Court questioning the Senate impeachment court’s ruling to lower the number of votes needed to convict Vice President Sara Duterte. 14 hours ago MICHAEL POA Political stability On Friday night, Sept. 25, 2026, I was a moderator at the MOPC Senate Night with Senate President Sherwin “Win” Gatchalian as guest of honor and speaker. 14 hours ago SENATE Gracioso dismissal no reason to disregard statements, says NBI chief Photos and documents submitted by the former policeman will be examined. 20 hours ago LORD ALLAN VELASCO MELVIN MATIBAG NATIONAL BUREAU OF INVESTIGATION OK Are you sure you want to log out? Yes No X Login Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!