Fuel prices expected to decline slightly this week

Fuel prices in the Philippines are expected to decline again this week, though on a smaller scale, according to Department of Energy estimates. Diesel could fall by P8 to P10 per liter, gasoline by around P0.40 per liter or rise up to P1 per liter, and kerosene by P11 per liter.

MANILA, Philippines — The Department of Energy has issued estimates for petroleum product price changes effective Tuesday, April 27, 2026, in the National Capital Region.

Agency monitoring shows diesel prices could drop by P8 to P10 per liter, gasoline by about P0.40 per liter or increase up to P1 per liter, and kerosene by P11 per liter. These adjustments reflect volatility in global oil markets driven by the Middle East conflict.

Separately, Shell announced a temporary P5-per-liter discount on fuel purchases from April 24 to 30.

The Department of Energy stated that the changes fall under Executive Order 110, which allows the government to set minimum rollbacks and cap increases during the national energy emergency.

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