Diesel, kerosene prices drop; gasoline rises on April 28

Oil firms will implement fuel price adjustments on Tuesday, April 28, 2026, with diesel and kerosene posting rollbacks while gasoline edges higher. The Department of Energy reported a minimum diesel rollback of P12.94 per liter, kerosene by P15.71 per liter, and a gasoline increase of P0.53 per liter.

MANILA, Philippines — Oil firms will implement price adjustments effective 6 a.m. on Tuesday, April 28, 2026. This marks the third consecutive week of changes following rollbacks that began on April 14, after sustained increases since late February driven by Middle East tensions.

The Department of Energy said the minimum rollback for diesel is P12.94 per liter, while kerosene will decrease by P15.71 per liter. Gasoline prices are set to increase by P0.53 per liter.

Companies including UniOil, Shell, and SeaOil announced: gasoline +P0.53/L, diesel -P12.94/L, and kerosene -P15.71/L for Shell. Estimates are based on DOE NCR prevailing retail prices for April 21-27, 2026.

These shifts come as Middle East conflicts have persisted since March, according to reports.

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Realistic photo of a Philippine gas station celebrating fuel price rollbacks to P23 per liter for diesel, with happy drivers amid jeepneys and price signs.
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Fuel prices roll back up to P23 per liter starting April 14 after weeks of Middle East-driven hikes

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Oil firms confirmed price rollbacks effective 6 a.m. Tuesday, April 14, matching Department of Energy projections: diesel down P20.89 to P23 per liter, gasoline P4.43 to P4.50, and kerosene P8.50. The cuts end surges of over P100 on diesel since late February's Middle East crisis. President Marcos suspended excise taxes on LPG and kerosene, while a jeepney subsidy launches.

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.

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Oil companies in the Philippines began implementing steep fuel price cuts on Tuesday, June 2, with diesel falling by P9.26 per liter. The Department of Energy set the reductions for the week of June 2 to 8.

Oil companies implemented major fuel price hikes effective April 7, pushing diesel prices past P140 to P150 per liter in several areas. The increases stem from volatility in global crude markets reacting to Middle East conflict. These mark historic highs despite staggered adjustments.

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Drivers in the Philippines can expect significant fuel price rollbacks starting June 2 amid optimism over potential peace negotiations between the United States and Iran.

Das chilenische Mineralölunternehmen (Enap) hat seinen wöchentlichen Preisbericht veröffentlicht, der Anstiege bei den Benzin- und Dieselpreisen ab Donnerstag, dem 16. April, aufzeigt. Der Preis für 93-Oktan-Benzin steigt um 20,2 $ pro Liter, für 97-Oktan-Benzin um 22,3 $ und für Diesel um 36,4 $. Laut dem Finanzstaatssekretär hat der Mepco-Mechanismus den Preisanstieg abgefedert.

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Die südafrikanischen Benzinpreise steigen ab Mitternacht des 1. April im Landesinneren um 3,06 R pro Liter auf 23,25 R, während Diesel nach einer Erhöhung um 7,51 R einen Rekordwert von 26,11 R pro Liter erreicht. Der Anstieg resultiert aus den globalen Ölpreisen von über 100 US-Dollar pro Barrel infolge des Iran-Kriegs sowie einer Schwächung des Rand. Eine befristete Senkung der Kraftstoffabgabe um 3 R pro Liter federt die Auswirkungen ab.

 

 

 

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