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Relief at last? The DOE projects the first significant pump price cut in months, offering a buffer against the 2026 energy crisis.

Fuel prices are finally set to go down this week, giving motorists a much-needed break at the pump after weeks of steady increases.

Starting Tuesday, April 14, diesel is expected to post its first rollback in months, with prices projected to decrease by ₱20.89 per liter. Gasoline may also go down by ₱4.43 per liter, while kerosene is seen to drop by ₱8.50 per liter.

Actual pump prices may still vary across fuel retailers, but the figures represent the expected minimum rollback for the week. The rollback comes after a stretch of price hikes driven by ongoing tensions in the Middle East, which have kept global oil prices elevated in recent weeks.

A shift in global trading

The projected adjustments are based on the average of the last five days of international trading (Mean of Platts Singapore) compared with the previous week. While actual pump prices may vary across retailers like Petron, Shell, and Caltex, these figures represent the expected minimum relief for the week.

This rollback is a rare cooling moment in a global oil market that has been overheated by ongoing Middle East tensions. These geopolitical risks have kept prices at record highs, contributing to the domestic National Energy Emergency declared earlier this year.

Impact on the ground

The timing is critical. For a nation grappling with high inflation and logistics hurdles, a ₱20/liter cut in diesel directly impacts the following: reducing the daily overhead for jeepney and bus operators; lowering the fuel surcharge pressure on e-commerce and food deliveries; and providing immediate relief for farmers using diesel-powered machinery and transport.

  • Diesel ↓ ₱20.89/L
  • Gasoline ↓ ₱4.43/L
  • Kerosene ↓ ₱8.50/L
 
 

First rollback in months! Diesel drops by ₱20.89/L and gasoline by ₱4.43/L. Find out why international trading is finally giving Filipino motorists a break this Tuesday.

 
 

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