The Philippine Department of Energy (DOE) announces that fuel price adjustments are set to change again after recent major movements at the pump. Starting Tuesday, June 2, fuel prices are implemented with rollbacks following weeks of higher pricing, with DOE stating the changes bring local pump prices “closer” to pre-war levels. Diesel and diesel plus are reduced by at least ₱9.26 per liter, gasoline products are cut by at least ₱4.76 per liter, and kerosene receives the largest decrease of at least ₱10.86 per liter. The DOE also says it is easing control over how price adjustments are handled, which means gasoline prices may vary by retailer even after the guidance. While retailers follow advisories that correspond to the June 2 rollbacks, further movements are expected later in the month. Other reports indicate an announced upcoming wave of increases around June 9, with some companies citing diesel, gasoline, and kerosene adjustments tied to trading conditions and foreign exchange. Separately, industry estimates also suggest later mixed adjustments may occur depending on global oil market developments.
DOE eases fuel price adjustment rules as June 2 rollbacks cut diesel, gasoline, and kerosene
The Philippine Department of Energy (DOE) announces that fuel price adjustments are set to change again after recent major movements at the pump. Starting Tuesday, June 2, fuel prices are implemented...
- Starting Tuesday, June 2, diesel prices are reduced by at least ₱9.26 per liter and diesel plus follows the same rollback.
- Gasoline products are cut by at least ₱4.76 per liter, with DOE guidance indicating possible variation by retailer.
- Kerosene experiences the largest reduction, dropping by at least ₱10.86 per liter.
- DOE says the rollbacks move local fuel prices closer to pre-war levels.
- DOE eases its control over fuel price adjustments, and subsequent price changes later in June are expected based on new advisories and market conditions.
MANILA, Philippines – Motorists may see mixed price adjustments next week, with diesel set for a rollback even with the renewed hostilities in the Middle East. According to estimates from an industry source, diesel may have price cuts ranging from P3.50 to P4 per liter on June 16. READ: US launches new strikes on Iran, which fires back at Gulf states, Jordan Gasoline, meanwhile, may increase by 50 centavos to P1 per liter. The figures are based on this week’s trading sessions over the Mean of Platts Singapore, and foreign exchange movements. “Diesel and other middle distillate prices declined due […]...Keep on reading: Diesel poised for price cuts next week despite renewed ME war
12 hours agoMANILA, Philippines — After last week’s major cuts, the prices of diesel and kerosene will again go up starting on Tuesday as the Department of Energy (DOE) eases its rules on price adjustments. Gasoline, on the other hand, may either become cheaper or more expensive depending on the fuel retailer. According to an advisory from […]...Keep on reading: DOE eases control over oil price adjustments
3 days agoMANILA, Philippines – Filipino motorists and consumers are bracing for another round of fuel price hikes this week, with increases affecting diesel, gasoline, and kerosene nationwide. In an advisory released Monday, Seaoil Philippines announced that fuel price adjustments will take effect on June 9. Among the three fuel types, kerosene will see the sharpest increase […]...Keep on reading: Diesel up P5.77/liter effective June 9
4 days agoMANILA, Philippines – Local fuel products are set for another price increase this week, reaching as high as P8.10 per liter. In an advisory on Monday, Seaoil said the diesel products would be costlier by P5.77 per liter starting June 9. READ: Diesel prices seen climbing next week on Middle East uncertainty Gasoline will have a slight upward price adjustment of 30 centavos, while kerosene will go up by P8.10 per liter. Other oil companies have yet to announce their official price movements. /pai INQ...Keep on reading: New wave of oil price hikes set for June 9
4 days agoMANILA, Philippines – A significant relief welcomed Filipino motorists on Tuesday, June 2, as oil prices post major rollbacks after weeks of continued price hikes. Diesel prices were slashed by at least P9.26 per liter, while gasoline went down by a minimum of P4.76 per liter. Kerosene will see the biggest reduction, dropping by at least P10.86 per liter. READ: Major rollbacks set for the 1st week of June The latest adjustments come as global oil prices continue to stabilize following disruptions caused by conflict in the Middle East. Below are the fuel prices monitored and gathered by the INQUIRER […]...Keep on reading: OIL PRICE WATCH as of June 2, 2026
1 week agoMANILA, Philippines — 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. At a media briefing on Monday, Energy Secretary Sharon Garin announced substantial cuts per liter in the prices of diesel (P9.26), gasoline (P4.76) and kerosene (P10.86). The Department […]...Keep on reading: DOE: Big-time rollbacks bring fuel prices closer to prewar levels
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