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Fuel tax cut on petrol and diesel takes effect
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The German government's fuel discount took effect at midnight. Taxes on petrol and diesel drop by about 17 cents per litre for two months. It remains unclear how quickly pump prices will reflect the cut.
Fuel prices will increase again on Tuesday, May 5, with diesel rising by P2.66 per liter and gasoline by P2.21 per liter, Energy Secretary Sharon Garin said. Kerosene prices will decline by P3.53 per liter.
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Petrol prices in South Africa will increase by 14% and diesel by nearly 24% from Wednesday, 6 May, due to the ongoing Iran war. The Department of Mineral Resources and Petroleum (DMPR) announced the hikes amid rising global Brent crude prices. Temporary fuel levy reductions offer some relief.
Updated industry estimates project even larger diesel cuts of P24 to P26 per liter and gasoline P2.50 to P3.50 per liter starting April 21, up from earlier P17-P19 projections, as the global oil war premium continues to unwind—extending relief from the April 14 rollbacks amid the 2026 fuel crisis.
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The Airline Operators of Nigeria (AON) has temporarily suspended its planned nationwide shutdown of flight operations amid a dispute over jet fuel prices. The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) countered claims that Jet A1 fuel sells for N3,300 per litre, stating prices range from N1,960 to N2,800. Aviation Minister Keyamo appealed for restraint on price hikes and operations suspension, promising federal government action.
Fuel prices in Metro Manila remained unchanged at elevated levels over the Easter weekend, with diesel holding at P133.19 per liter—above the national average—as Filipinos returned from Holy Week holidays.
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Fuel prices for diesel and Super E10 in Germany have risen further. According to the ADAC, the average diesel price yesterday was 2.425 euros per litre, surpassing the previous record by more than 10 cents. Significant increases were also made today, on Easter Sunday.
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