MANILA, Philippines – Motorists can expect substantial relief at the pumps as local oil companies announce a major price rollback effective June 23, 2026.
According to a Department of Energy (DOE) briefing on Monday, gasoline prices will decrease by P3.90 to P5.90 per liter, while diesel will see a larger cut of P9.04 to P11.04 per liter. Kerosene leads the reductions with a drop of P9.82 to P11.82 per liter.
This rollback follows a series of price adjustments in recent weeks, offering consumers a welcome break from high fuel costs. The DOE attributed the decline to easing global oil prices and improved supply conditions.