12 hours ago
1
Upgrade to High-Speed Internet for only ₱1499/month!
Enjoy up to 100 Mbps fiber broadband, perfect for browsing, streaming, and gaming.
Visit Suniway.ph to learn
Renalyn Ramirez - Philstar.com
June 23, 2026 | 10:30am
Price Tracker lists the latest Metro Manila benchmark prices compiled from available reported figures and national reference data.
Philstar.com illustration
MANILA, Philippines — Prices of fuel products in the Philippines are rolling back Tuesday, June 23 following the announcement of the United States and Iran last week that they have signed an initial peace agreement.
The Department of Energy’s weekly price advisory announced the following price adjustments on June 22:
- Diesel: Down by P9.04 to P11.04 per liter
- Kerosene: Down by P9.82 to P11.82 per liter
- Gasoline: Down by P3.90 to P5.90 per liter
With adjustments applied to common prices last week, here are the new estimated prices of different oil and fuel products starting June 23:
The big-time rollback proceeded despite the shutting of the Strait of Hormuz. Energy Secretary Sharon Garin warned the public on Monday that fuel retailers are not allowed to cite the disruption for any unauthorized price increase.
Its effects are instead more likely to be reflected on the following week’s price adjustments, Garin said.
