Oil Price Philippines: where things stand

TL;DR: Oil prices in the Philippines change every Tuesday, announced by the DOE every Monday. Oil Price Philippines has emerged this Friday as one of the stories drawing attention in Philippines.

Key facts

• TL;DR: Oil prices in the Philippines change every Tuesday, announced by the DOE every Monday.
• Every Tuesday, fuel prices in the Philippines quietly reset.
• Oil price increases in the Philippines tend to come fast and in larger amounts.
• The United States has extended a waiver which allows the Philippines to purchase oil from Russia, the Department of Energy said on Monday, April 27.
• Motorists may heave a sigh of relief as the Department of Energy (DOE) on Monday announced a major rollback for diesel and kerosene products starting Tuesday, April 28, 2026.

What we know

Going deeper, every Tuesday, fuel prices in the Philippines quietly reset.

On the substance, Oil price increases in the Philippines tend to come fast and in larger amounts.

Beyond the headlines, the United States has extended a waiver which allows the Philippines to purchase oil from Russia, the Department of Energy said on Monday, April 27.

More precisely, Motorists may heave a sigh of relief as the Department of Energy (DOE) on Monday announced a major rollback for diesel and kerosene products starting Tuesday, April 28, 2026.

It is worth noting that Energy Secretary Sharon Garin said diesel prices will drop by P12.94, estimated to range from P75.93 to P101.96 per liter.

By the numbers

At this stage, Kerosene prices will likewise go down by P15.71, with adjusted prices ranging from P125.39 to P147.98.

On a related note, May estimated pump price range sa diesel na P75.93 to P101.96," Garin told reporters in a media briefing.

Going deeper, Another big fuel price rollback set for Tuesday, April 21, 2026.

On the substance, P8 to P10 per liter rollback in diesel prices seen next week.

The wider context

On a related note, there is an estimated pump price range for diesel of P75.93 to P101.96.).

Going deeper, Pump prices saw a continuous increase after tensions between the US and Israel and Iran escalated on February 28.

On the substance, Below is the live DOE oil price data, plus everything you need to understand what the numbers actually mean: why prices move the way they do, why rollbacks are almost always smaller than the original hike, and what you can actually do before Tuesday arrives.

Beyond the headlines, the Department of Energy (DOE) Oil Industry Management Bureau (OIMB) releases weekly price adjustments every Monday.

More precisely, the widget below shows the latest price movements for gasoline, diesel, and kerosene from major oil companies including Petron, Shell, and Caltex.

The bottom line

• Every Tuesday, fuel prices in the Philippines quietly reset.
• The United States has extended a waiver which allows the Philippines to purchase oil from Russia, the Department of Energy said on Monday, April 27.
• There is an estimated pump price range for diesel of P75.93 to P101.96.).