Oil prices in the Philippines experienced mixed adjustments on May 12, 2026, with significant reductions in diesel rates and slight increases in gasoline prices.
Diesel prices dropped by P7 to P9 per liter at several stations, reflecting a positive trend for consumers. Kerosene prices also fell, attributed to softer movements in the global oil market.
Despite the overall decrease in some fuel types, gasoline prices saw a modest increase, highlighting ongoing volatility in the market.
Latest Fuel Prices
Recent monitoring by the CC Media team indicates the following fuel prices at various gas stations across the country.
Diesel prices down, kerosene prices down, but gasoline prices up by 47 centavos.
CC Media Monitoring
As the oil market continues to fluctuate, consumers are encouraged to stay updated on fuel prices. For further details, visit our ongoing coverage on oil price trends.