Fuel Prices

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Sunday, 29 March 2026
1 day ago

Cebu business groups urge swift action on fuel crisis

CEBU CITY—Business leaders in Cebu are calling for “swift and decisive” action to address the ongoing fuel crisis, warning of its growing impact on consumers and enterprises, particularly micro, small and medium enterprises (MSMEs) that are highly vulnerable to price fluctuations.
5 days ago

Cebu Pacific cuts routes as fuel crisis drives costs up

Cebu Pacific is urgently scaling back operations as the Middle East crisis sends fuel prices surging, forcing the airline to cancel routes and reduce flight frequencies across key international destinations.
16 Mar 2026
6:36PM

Cebu business leaders confident PH can weather fuel crisis

CEBU CITY — Cebu’s business sector is rolling out contingency plans—including mobile stores and tighter cost controls—as companies brace for the ripple effects of rising fuel prices.
15 Mar 2026
9:37AM

Grab, MOVE IT roll out relief for drivers amid fuel price surge

Grab and MOVE IT have launched an immediate support program for driver-, delivery-, and rider-partners nationwide as fuel prices spike to some of the sharpest increases in recent memory.
13 Mar 2026
8:08AM

Shipping group asks DOE to probe unusually high marine fuel prices

CEBU CITY — The country’s largest shipping organization is asking the Department of Energy (DOE) to investigate the high prices of marine fuel being charged to shipping companies by oil firms.
30 Jun 2025
10:29AM

Grab rolls out transport resilience strategy as fuel prices soar

As fuel prices continue to rise, Grab Philippines is spearheading a comprehensive transport resilience plan to support driver- and rider-partners while engaging government agencies to mitigate sector-wide disruptions.
23 Jun 2025
5:44PM

DOE, fuel firms set two-step hike this week to cushion oil price hit

The staggered price increase is intended to ease immediate inflationary pressure, especially on transport and agriculture sectors, according to the Department of Energy.
18 Feb 2025
2:47PM

Cebu Pacific’s Lao: Affordable fares remain a priority despite fuel surcharge hike

Even with fuel surcharges rising in March, Cebu Pacific is doubling down on affordability to keep air travel within reach.
11 Apr 2024
2:35PM

Shell Pilipinas profits falls 71% in 2023

Fuel giant Shell Pilipinas Corp. saw net income in 2023 plummet by 71 percent to Php1.2 billion on weaker sales and heightened borrowing costs, alongside losses from inventory holdings due to fluctuating global oil prices.
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