DOE Announces Mixed Fuel Price Adjustments With Diesel Rollback
- Motorists across the Philippines face mixed fuel price adjustments beginning Tuesday, October 13, marking a second consecutive week of increases for gasoline alongside a third straight weekly rollback...
- Gasoline prices will climb by P1.56 per liter for the week of October 13 to 19, following an even larger hike the previous week.
- Diesel consumers will experience relief for a third consecutive week with a price rollback of P3.01 per liter.
Motorists across the Philippines face mixed fuel price adjustments beginning Tuesday, October 13, marking a second consecutive week of increases for gasoline alongside a third straight weekly rollback for diesel, rappler.com reported. Energy Secretary Sharon Garin announced the pricing shifts during a press conference on Monday, October 12, outlining cost changes that vary significantly across different petroleum products.
Gasoline and Kerosene Price Increases
Gasoline prices will climb by P1.56 per liter for the week of October 13 to 19, following an even larger hike the previous week. On October 6, gasoline increased by as much as P1.93 per liter. Kerosene prices are also moving upward, set for an increase of P1.77 per liter after jumping by P3.30 per liter in the prior pricing cycle.
Diesel Price Rollbacks
Diesel consumers will experience relief for a third consecutive week with a price rollback of P3.01 per liter. This follows a more modest diesel decrease of P1.30 per liter recorded on October 6, offering a temporary counterweight to the ongoing hikes affecting gasoline and kerosene users.
Chinese Supply Pressures and Regional Market Impact
Gasoline and diesel markets in Asia face mounting supply pressure due to tighter output and export curbs from China. China briefly halted exports of gasoline, diesel, and jet fuel at the start of October to rebuild domestic inventories, constricting an already strained regional market. Exports have since resumed, with Beijing approving roughly 3.7 million metric tons of the three fuels for October, down from more than 4 million tons shipped in September. As the world’s largest oil refining market, China supplied 3.78 billion liters—about 20% of the Philippines’ imported finished petroleum products—in 2025, ranking second behind South Korea.
Pre-Conflict Price Comparisons and Import Vulnerability
Local pump prices remain well above levels recorded before fighting involving Iran and US-Israeli forces broke out on February 28. Department of Energy data shows that during the last full week before the conflict, common retail prices in Metro Manila stood at P56 per liter for gasoline RON95, P54.70 per liter for gasoline RON91, P55 per liter for diesel, and P83.47 per liter for kerosene. As a net importer of petroleum products, the Philippines remains vulnerable to global oil price swings, foreign exchange movements, regional refined fuel prices, and international supply route disruptions.