Firms to drop diesel, kerosene prices this week

MANILA: Oil companies in the Philippine are set to cut down the pump prices of diesel and kerosene this week.

According to the Department of Energy (DOE), the retail price diesel will slide by P9.57 per liter while kerosene will go down by P13.30 per liter. On the other hand, the pricing of all gasoline products at the pump will reflect a P0.47-per-liter increase.

Additionally, the price of liquefied petroleum gas (LPG) will also have a P1.22-per-kilogram increase, which means customers have to pay an additional P13.42 when buying an 11-kilogram tank.

Here’s what they look like at a glance:

Product	Adjustment
Gasoline	P0.47 per liter (increase)
Diesel	P9.57 per liter (decrease)
Kerosene	P13.30 per liter (decrease)
LPG	P1.22 per kilogram (increase)

These adjustment will take effect tomorrow (May 12).

Last week, local fuel players jacked up the prices of gasoline and diesel by P2.21 and P2.66 per liter, respectively. They also reduced the price of kerosene by P3.53 per liter.

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Relatedly, the energy department is selling government-procured diesel secured by the Philippine National Oil Company–Exploration Corporation (PNOC-EC) at P80 per liter.

This will be sold to support power generation in areas not connected to the main grid.

Under the government’s Emergency Energy Security Program, PNOC-EC will sell up to 45 million liters of diesel over the next three months to new power providers and microgrid system providers to help sustain generation operations, prevent power interruptions, and cushion consumers from sharp increases in electricity rates.

“Providing assistance for the diesel requirements of power providers serving missionary areas is a concrete and proactive measure to help protect electricity access and the welfare of thousands of Filipinos living in remote and island communities outside the main grid,” DOE Secretary Sharon Garin said.

As of April 27, 178.33 million liters of diesel had been added to the national fuel buffer stock under the DOE’s Emergency Energy Security Program.

Earlier, the DOE announced that the four diesel shipments secured under the program had arrived in the country, with deliveries received in Batangas, Subic, and Davao City. The first shipment from Japan arrived in Batangas on March 26, 2026, consisting of 142,531.23 barrels or 22.66 million liters of diesel. This was followed by the second shipment of 329,650 barrels or 52.41 million liters in Subic; the third shipment of 319,576 barrels or 50.81 million liters, also in Subic; and the fourth shipment of 329,918 barrels or 52.45 million liters in Davao City.

Also read:

Major rollbacks set for diesel, kerosene; increase for gasoline

PH firms to drop pump prices for 2nd straight week this Apr.

Major price rollbacks set this week

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