フィリピンの燃料価格が、4月21日（火）に再び引き下げられることとなった。Shell Pilipinasが主導する今回の値下げ幅は当初の予想を上回っている。中東情勢による緊張緩和を背景に、変更は午前6時から適用される。
Shell Pilipinasは、火曜日の午前6時からディーゼルを1リットルあたり24.94ペソ、ガソリンを1リットルあたり3.41ペソ、灯油を1リットルあたり2ペソ引き下げると発表した。今回の値下げ幅は、業界による当初の予測（ディーゼル17～19ペソ、ガソリン2～3ペソ）を上回るものである。中東情勢による緊張が和らいだことを受け、先週に続く価格の引き下げとなった。これらの見積もりは、4月14日から20日までの首都圏におけるエネルギー省のベンチマーク価格およびShellの発表に基づいている。実際の小売価格は、値下げ後の首都圏の予測価格に基づき、ブランド、ガソリンスタンド、および場所によって異なる場合がある。
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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.
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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Following last week's rollbacks, diesel prices are forecast to drop another P17 to P19 per liter and gasoline P2 to P3 per liter starting April 21, potentially taking diesel below P130, as Middle East tensions ease further with a holding ceasefire.
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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The Department of Energy stated that March 9 is the final day for capped fuel prices, with adjustments taking effect on March 10. Several gas stations reported supply shortages from the rush of customers. This occurs amid global oil price hikes due to escalating Middle East conflicts.
The Philippines has approached Russia for possible oil imports amid global supply disruptions, Energy Secretary Sharon Garin said. Fuel inventories are sufficient until April, with talks ongoing with other exporters. The move responds to surging prices from Middle East tensions.
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Finance Minister Jorge Quiroz announced increases of $370 per liter in 93-octane gasoline and $580 in diesel, effective from Thursday, March 26, due to the international oil price surge from the Iran conflict. The government also activated palliative measures, including freezing Transantiago fares until year-end and subsidies for taxi drivers. Quiroz justified the moves as necessary to align local prices with international levels and safeguard public finances.