Fuel prices to drop this week

MANILA: The price of petroleum products will slightly drop tomorrow, as the Department of Energy (DOE) announced rollbacks for tomorrow. 

Per the agency, the cost of gasoline will drop by P0.73 per liter across the board. Meanwhile, diesel prices will be slashed by P0.60 per liter on all variants. Lastly, kerosene will go down by P2.09 per liter. 

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The adjustment will take place from August 4 to 10, 2026. Changes can take place as early as 6 am. 

Compared to last week’s movement, here is how it looks like: 

Products	Permitted range of price adjustment (from July 28-August 3)	Permitted range of price adjustment (from August 4-10)
Gasoline	P6.80 increase	P0.73 decrease
Diesel	P7.30 increase	P0.60 decrease
Kerosene	P4.20 increase	P2.09 decrease

“Ang mga pagbabagong ito ay nakabatay sa galaw ng pandaigdigang merkado ng langis, sa gitna ng patuloy na kaganapan sa Middle East na nakakaapekto sa global supply at presyo (These changes are driven by movements in the global oil market, amidst ongoing events in the Middle East that are affecting global supply and prices),” the DOE wrote in a social media post.

“Patuloy ang pagkilos ng Department of Energy upang mapalakas ang supply ng langis at mapangalagaan ang kapakanan ng publiko (The Department of Energy continues its efforts to bolster oil supplies and safeguard the public's welfare),” it added. 

Also read: 

Another round of fuel price hikes set for 1st week of Jul.

Fuel price hike expected as month of Jun. closes

Fuel prices to drop by more than P11/L this week

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