By Dean Aubrey Caratiquet
Doubling down on President Ferdinand R. Marcos Jr.’s firm orders to maintain an adequate supply of petroleum products that are sold at attainable prices, the Department of Energy (DOE) continues to make inroads in beefing up the country’s energy security amid the current situation.
In a briefing on Monday, Energy Secretary Sharon Garin announced significant adjustments in fuel prices that are set to take effect on Tuesday.
According to the agency’s Oil Industry Monitoring Board (OIMB), motorists are set to be greeted with a rollback of P12.94 and P15.71 on diesel and kerosene, respectively, as well as an increase of P0.53 on gasoline.
Such would be reflected in the pump prices of diesel, which would hover between P75.93-P107.06; kerosene, which would range between P125.39 and P147.98; and gasoline, which would hover between P72.53-P104.93 for the period between April 28-May 4 in Metro Manila and highly urbanized areas.
Meanwhile, Secretary Garin also announced the arrival of four government-secured diesel shipments before the end of April, which adds a total of 178,331,781 liters of diesel to the country’s buffer stocks.
The first shipment, consisting of 142,531.23 barrels or 22,660,613 liters of diesel from Japan, arrived in Batangas on 26 March 2026. The second shipment, consisting of 329,650 barrels or 52,410,065 liters, arrived in Subic.
Garin said in a statement, “As the Middle East conflict continues, our priority is to ensure that the Philippines remains prepared, adequately supplied, and able to respond swiftly to developments that may affect fuel availability and market stability.”
These fuel deliveries are set to augment and secure the country’s fuel supply for the next few months. As of April 24, the following figures show the total expected duration of supply availability for the following petroleum products:
- LPG: 38.44 days
- Gasoline: 53.91 days
- Diesel: 54.61 days
- Kerosene: 168.74 days
- Jet Fuel: 70.83 days
- Fuel oil: 67.55 days
av
