Fuel prices in the Philippines will see another round of rollbacks on Tuesday, April 21, led by Shell Pilipinas with cuts deeper than initial estimates. The changes take effect at 6 a.m. as Middle East conflict pressures ease.
Shell Pilipinas announced cuts of P24.94 per liter for diesel, P3.41 per liter for gasoline, and P2 per liter for kerosene, effective 6 a.m. Tuesday. These reductions surpass earlier industry projections of P17 to P19 for diesel and P2 to P3 for gasoline.
The move extends last week's price relief, driven by diminishing pressures from the Middle East conflict. Estimates draw from Department of Energy benchmarks for the National Capital Region from April 14-20 and Shell's announcement.
Actual retail prices may vary by brand, station, and location, per the projected NCR pump prices after the rollback.
