Fuel price rollback of up to P5.71/liter set on June 16

FILE PHOTO: NIÑO JESUS ORBETA MANILA, Philippines – Motorists can expect relief as local fuel prices are set to drop by as much as P5.71 per liter starting June 16. In a media briefing,

lunedì 15 giugno 2026 New tab

TL;DRAI

Philippine diesel prices drop up to 5.71 pesos/liter from June 16, driven by US-Iran peace negotiations reducing global crude costs. Lower energy costs reduce IT infrastructure and data center operating expenses.

189 words~1 min read

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

MANILA, Philippines – Motorists can expect relief as local fuel prices are set to drop by as much as P5.71 per liter starting June 16.

In a media briefing, Department of Energy (DOE) Secretary Sharon Garin said gasoline prices could drop by 32 centavos per liter, or increase by up to P1.68 a liter.

READ: DOE sees oil price surges amid renewed US-Iran war

Rollbacks for diesel prices, meanwhile, could decline by P3.71 to P5.71 per liter.

Fuel price rollback of up to P5.71/liter set on June 16

Fuel price rollback of up to P5.71/liter set on June 16

Other newsrooms on this story

Related reading

Major rollbacks set for the 1st week of June

DOE: Big-time rollbacks bring fuel prices closer to prewar levels

Diesel, kerosene prices down; gas up by 47 centavos

Fuel price hikes set on May 26

Fuel prices seen to drop by up to P10 per liter next week

New wave of oil price hikes set for June 9

Other newsrooms on this story

Related reading

Major rollbacks set for the 1st week of June

DOE: Big-time rollbacks bring fuel prices closer to prewar levels

Diesel, kerosene prices down; gas up by 47 centavos

Fuel price hikes set on May 26

Fuel prices seen to drop by up to P10 per liter next week

New wave of oil price hikes set for June 9