The Department of Energy (DOE) announced mixed price adjustments for fuel this week. Gasoline may drop by as much as P1.70 per liter or rise by up to P0.30 per liter. Diesel is set to increase between P3.77 and P5.77 per liter, while kerosene will go up P6.10 to P8.10 per liter. This follows last week’s steep cuts: gasoline down at least P4.76, diesel no less than P9.26, and kerosene by over P10.86 per liter. So far, only Seaoil has confirmed adjustments, matching the upper limits of projected hikes.
Latest DOE data show prices in Metro Manila averaging P79.60 for regular gasoline, P82.70 for diesel, and P113.80 for kerosene as of early June. The country’s overall fuel supply now covers 47.09 days, up from 45.97 days previously. Diesel and jet fuel stocks grew, while gasoline, kerosene, and fuel oil supplies edged slightly lower. LPG inventory also improved to 45.04 days of coverage.
Mixed movements mean varied cost impact for motorists, transport, and households, while higher total supply levels help secure energy stability despite shifts in individual product stocks.
