LIST: Pump price hikes on Tuesday, March 31, 2026

Motorists will have to tighten their belts anew as retailers on Monday announced another round of hikes to mark the 12th straight week of increases for gasoline, and the 14th for both diesel and kerosene, as the conflict in the Middle East continues.

Below are the companies that have made advisories so far for the week:

Petro Gazz

• Gasoline: + P2.50
• Diesel: + P12.50

Petron Corp.

• Gasoline: + P1.90 per liter
• Diesel: + P11.90 per liter
• Kerosene: + P1.40 per liter

Seaoil Philippines Corp.

• Gasoline: No increase
• Diesel: + P12.50 per liter
• Kerosene: + P2.00 per liter

Shell Pilipinas Corp.

• Gasoline: + P2.90 per liter
• Diesel: + P12.90 per liter
• Kerosene: + P2.40 per liter

Unioil Petroleum Philippines Corp.

• Gasoline: + P2.50 per liter
• Diesel: + P12.50 per liter

The adjustments will take effect at 6 a.m. on Tuesday, March 31, 2026, for all the firms.

Other firms have yet to make similar announcements for the week.

Iran, which has closed off the Strait of Hormuz, over the weekend said it was ready to respond should the United States deploy its troops after it accused Washington of planning to send in its ground forces while pushing for negotiations to end the conflict.

US President Donald Trump for his part, in an interview with Financial Times said he wants to “take the oil in Iran” and hinted at the possibility of taking over the export hub of Kharg Island, as reported by Reuters.

President Ferdinand “Bongbong” Marcos Jr. last week declared a state of national energy emergency and ordered the adoption of a Unified Package for Livelihoods, Industry, Food, and Transport (UPLIFT), to ensure energy supply stability, and support key sectors such as transport, agriculture, and micro, small, and medium enterprises (MSMEs).

Malacañang, citing Department of Energy Secretary Sharon Garin, has maintained that there is no crisis in oil supply but rather a disruption in prices due to the developments in the Middle East. —AOL, GMA Integrated News