Diesel price cut expected next week

Diesel prices in Metro Manila could drop to P70 to P90 per liter next week. Local fuel retailers are expected to implement fresh rollbacks following progress in Middle East peace talks.

An industry source said on Saturday that diesel may see a rollback of P7 to P9 per liter on May 12. Gasoline prices, however, may rise by P1 to P3 per liter.

Department of Energy estimates also showed a potential P9 price decrease for diesel and P12 for kerosene. Gasoline prices may inch up by P1.60 to P1.70 per liter. Oil firms are scheduled to announce official price adjustments on Monday.

Rino Abad, DOE director of the Oil Industry Management Bureau, said diesel prices have been returning to normal market-based levels after being impacted by the Middle East war that started on Feb. 28. "We are feeling the significant drop [in diesel prices]," he said.

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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.

Diesel and kerosene prices may decrease by more than P11 per liter today, the Department of Energy said, though some oil companies chose smaller cuts.

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Naghanda na ng muling pagbaba ng presyo ng diesel sa P17 hanggang P19 bawat litro at gasolina sa P2 hanggang P3 bawat litro ang mga motorista sa susunod na linggo dahil sa patuloy na pagkakahold ng ceasefire sa Middle East. Ayon sa isang source sa industriya pagkatapos ng apat na araw ng trading sa Mean of Platts Singapore, posibleng bababa pa ang presyo ng diesel sa ibaba ng P130 bawat litro. Epektibo ito simula April 21.

Nagtaas muli ng presyo ng gasolina at diesel ang mga kumpanya ng langis noong Martes, Abril 7, 2026, na may pagtaas na hanggang P19.80 bawat litro para sa diesel. Ang mga pagtaas na ito ay dahil sa patuloy na tensyon sa US-Iran at abala sa global na suplay ng langis. Ito ay ika-13 hanggang ika-15 na linggong sunod-sunod na pagtaas.

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Tataas ulit ang presyo ng gasolina at diesel ngayong Martes, Mayo 5, ayon kay Energy Secretary Sharon Garin. Ang diesel ay magtataas ng P2.66 bawat litro, habang ang gasolina naman ay P2.21. Bababa naman ang presyo ng kerosene ng P3.53 bawat litro.

Global oil prices dropped sharply on May 7, 2026, after US President Donald Trump said a deal with Iran was very possible, sparking optimism for lower pump prices in the Philippines.

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Despite the fuel tax discount, prices in Germany have risen again after an initial drop. ADAC and the Federal Cartel Office criticize that the 17-cent-per-liter tax cut is not fully passed on to consumers. Oil companies and associations dispute this.

 

 

 

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