Mixed Oil Price Adjustments to Take Effect on Tuesday (February 10, 2026)
FUEL PRICE UPDATE – Various oil companies are expected to implement mixed oil price adjustments in the second week of February.
Filipino motorists may face another round of fuel price changes in the second week of February, with diesel and kerosene expected to go up, while gasoline prices may slightly ease.
The Department of Energy said the possible adjustments are based on four days of trading in the Mean of Platts Singapore and ongoing movements in the global oil market.
According to the DOE, initial estimates show mixed price movements for petroleum products. However, these figures do not yet include oil companies’ operating costs and other premiums, which could still push final prices higher once added. The costs cover refining, storage, importation, and delivery of fuel to local gas stations.
Here are the projected fuel prices:
Gasoline: possible rollback of around P0.10 per liter
Diesel: possible increase of around P0.30 per liter
Kerosene: possible increase of around P0.05 per liter
DOE officials noted that once additional costs are factored in, there is a strong chance that prices for all fuel products may eventually increase.
Global oil prices have been influenced by tensions between the United States and Iran, particularly in the Strait of Hormuz.
Oil companies will announce the final
fuel price adjustments
This is a developing report, just visit this website regularly or refresh the page for further updates.
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