DOE Forecasts Significant Diesel Price Rollback, Warns Firms
The Department of Energy (DOE) has forecast a significant diesel price rollback of nearly P25 per liter for the upcoming week, while also issuing a warning to oil firms about potential hefty fines for defying price orders.
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DOE says two diesel shipments set to arrive this week
The Department of Energy also says the government is purchasing 21,000 metric tons of liquefied petroleum gas (LPG), which is set to arrive by late May
By Tatiana Maligro
Read full article →OIL PRICE WATCH as of April 21, 2026
MANILA, Philippines – Motorists are set to get a major reprieve starting today as oil companies implement another round of double-digit rollback in diesel. President Ferdinand Marcos Jr. announced on Monday that diesel prices will drop by nearly P25 per liter, marking one of the biggest reductions in recent months. READ: Diesel prices to drop
By Dona Policar
Read full article →Almost P25-per-liter diesel rollback set this week — DOE
The DOE set a minimum diesel rollback of P24.94 per liter under emergency powers.
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