Energy Secretary Sharon Garin said diesel prices are expected to drop by at least ₱20.89 per liter this week, with gasoline and kerosene also set to decrease by ₱4.43 and ₱8.50 per liter, respectively, following easing tensions in the Middle East.
She noted the rollback reflects recent international price trends after a fragile ceasefire in the Iran crisis, although talks between the US and Iran in Pakistan ended without an agreement.
Despite the expected relief, fuel prices have remained elevated after months of sharp increases due to the conflict, with earlier spikes reaching over ₱100 per liter for diesel.
The government is also rolling out a pilot fuel subsidy program for jeepney drivers, offering a ₱10-per-liter discount at selected stations for up to 150 liters weekly.
Officials and industry groups remain divided on whether these measures are enough, as the Philippines continues to face high fuel costs amid global supply uncertainty.
Source: PhilNews24 | April 13, 2026
DOE: DIESEL PRICES TO DROP BY ₱20.89 PER LITER
Latest from News
President Ferdinand Marcos Jr. named People’s Television Network General Manager Lino Cayetano as the new Presidential
Sen. Francis Pangilinan said Sen. Loren Legarda may rejoin the Senate majority bloc, noting that she
The Department of Foreign Affairs (DFA) reported no Filipino injuries or casualties following a magnitude 7.7
President Ferdinand Marcos Jr. met with Mitsubishi Corporation and Ayala Corporation executives in Singapore to discuss
The Department of Social Welfare and Development (DSWD) reminded parents and guardians to secure travel clearance