Diesel prices seen climbing next week on Middle East uncertainty | Inquirer Business

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Tourism & Transportation

business / Fuel

Diesel prices seen climbing next week on Middle East uncertainty

By: Lisbet K. Esmael - Reporter / @lisbetesmael

INQUIRER.net / 10:33 AM June 05, 2026

Fuel price hike composite image from INQUIRER files

MANILA, Philippines – Diesel prices could rise anew by June 9 amid fears on growing uncertainty in the Middle East peace deal.

According to estimates from an industry source, diesel could increase by P4 to P4.50 per liter, while gasoline may fall by P1 to P1.50 per liter.

The estimates were based on the first three trading days at the Mean of Platts Singapore, as well as foreign exchange averages.

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Diesel prices seen climbing next week on Middle East uncertainty

Diesel prices seen climbing next week on Middle East uncertainty | Inquirer Business

Diesel prices seen climbing next week on Middle East uncertainty

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