The country’s fuel supply has improved to an estimated 52.02 days as of April 17, up from 50.31 days the previous week, according to the Department of Energy (DOE).
Energy officials said the increase was driven by steady fuel imports and lower demand, helping boost available stock. The supply covers gasoline, diesel, kerosene, jet fuel, fuel oil, and liquefied petroleum gas (LPG).
Fuel inventories showed mixed movements: gasoline, diesel, kerosene, fuel oil, and LPG all increased, while jet fuel slightly declined. Kerosene posted the largest jump, reaching nearly 130 days of supply.
The DOE attributed the stable supply to continuous deliveries and reduced fuel use. Officials noted that more Filipinos are conserving fuel, along with measures like work-from-home setups and carpooling.
Meanwhile, fuel prices are set to fall for a second straight week. Oil companies have announced cuts of about P3.41 per liter for gasoline, P2 for kerosene, and a larger rollback for diesel. Over two weeks, total price reductions could reach at least P7.84 per liter for gasoline, P13.50 for kerosene, and P47.94 for diesel.
The DOE warned fuel firms to follow the minimum price cuts or face penalties, including fines, permit reviews, or possible imprisonment.
The government also expects new fuel shipments, including diesel deliveries to Subic and Davao, and an LPG shipment next month. However, officials said no additional imports are planned for now due to sufficient supply and limited storage capacity.
The DOE said it will continue monitoring supply levels to ensure energy security amid global oil market uncertainties.
