According to a report by Manila Bulletin, Saudi Arabian Oil Co., known as Aramco, opened its first retail fuel station in the Philippines. Officials said the move aligns with global expansion plans but immediately cautioned motorists against expecting lower prices.
Aramco representatives explained that the company will not offer discounts or engage in price wars to attract customers. Instead, they plan to compete on fuel quality, service, and innovation. This positions Aramco as a premium provider in a market dominated by Petron, Shell, and Caltex.
Industry analysts note that Aramco’s entry could intensify competition, but its no-discount approach may limit immediate market share gains. The station is part of a broader downstream expansion in Asia. No further openings were announced, though Aramco indicated it is evaluating other potential locations in the country.