Fuel Companies to Impose Big-Time Oil Price Rollback This Week
Several fuel companies in the Philippines are expected to implement another big-time oil price rollback starting this week.
Starting Tuesday, April 21, 2026, motorists across the country are getting much-needed relief as fuel prices fall again in the third week of April. The biggest adjustment comes from diesel, which is set for a rare and steep rollback of nearly P25 per liter.
Shell Pilipinas Corporation announced that it will lower diesel prices by P24.94 per liter. Gasoline will also go down by P3.41 per liter, while kerosene will drop by P2.00 per liter. The new prices will take effect early in the morning, giving drivers immediate savings.
The huge decrease is seen as one of the largest adjustments in previous months. Diesel, which is widely used by trucks, buses, and delivery vehicles, is expected to become much cheaper.
In some parts of Metro Manila, prices may fall significantly from previous levels that reached around P170 per liter. Estimates suggest diesel could drop to about P112 per liter for regular variants and around P147 for premium.
The Department of Energy had earlier hinted that another rollback was expected. The drop in prices is linked to easing tensions in the Middle East, which has reduced the added cost often placed on oil during times of conflict.
As the situation becomes more stable, global oil prices have started to settle.
President Ferdinand Marcos Jr. also urged oil companies to apply the price cuts quickly so the public can benefit without delay. For many Filipinos, especially those who rely on fuel for daily work, this price drop offers a welcome break from rising expenses.
This is a developing report, just visit this website regularly or refresh the page for further updates.
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