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

Local fuel prices are moving “closer” to pre-Middle East crisis levels as retailers implement a major rollback, which will take effect on June 2. —NIÑO JESUS ORBETA MANILA, Philippines —

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rappler.com

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business.inquirer.net1 mesi fa

Major rollbacks set for the 1st week of June

The Philippine Department of Energy announced fuel price rollbacks effective June 1st: diesel down at least ₱9.26/liter, gasoline ₱4.76/liter, and kerosene ₱10.86/liter, as prices approach pre-Middle East conflict levels. For energy-intensive operations and logistics-dependent tech supply chains in Southeast Asia, this eases input costs that had spiked when the Strait of Hormuz closure pushed Metro Manila pump prices to ₱170/liter.

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rappler.com1 mesi fa

Big fuel price rollback set for June 2

The expected rollback comes amid optimism over a renewed peace deal in the Middle East

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newsinfo.inquirer.net1 mesi fa

OIL PRICE WATCH as of June 2, 2026

Oil Price Watch by the Inquirer team MANILA, Philippines – A significant relief welcomed Filipino motorists on Tuesday, June 2, as oil prices post major rollbacks after weeks of continued price

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Timeline cronologica

lunedì 1 giugno 2026·business.inquirer.net
Major rollbacks set for the 1st week of June
INQUIRER PHOTO / NIÑO JESUS ORBETA MANILA, Philippines – Filipino motorists will welcome the month of June with major price cuts of at least P4.76 per liter starting…
lunedì 1 giugno 2026·rappler.com
Big fuel price rollback set for June 2
The expected rollback comes amid optimism over a renewed peace deal in the Middle East
lunedì 1 giugno 2026·business.inquirer.net
DOE: Big-time rollbacks bring fuel prices closer to prewar levels
Local fuel prices are moving “closer” to pre-Middle East crisis levels as retailers implement a major rollback, which will take effect on June 2. —NIÑO JESUS ORBETA MANILA,…
martedì 2 giugno 2026·newsinfo.inquirer.net
OIL PRICE WATCH as of June 2, 2026
Oil Price Watch by the Inquirer team MANILA, Philippines – A significant relief welcomed Filipino motorists on Tuesday, June 2, as oil prices post major rollbacks after weeks…