Oil companies in the Philippines have announced a fuel price rollback effective Tuesday, August 11, 2026. Based on industry sources, gasoline prices will decrease by PHP 0.50 per liter, while diesel and kerosene prices will remain unchanged.
This adjustment reflects the movement of global oil prices in the past week. The Department of Energy (DOE) had earlier indicated that the rollback was possible due to lower demand concerns and stable supply conditions.
Major fuel retailers, including Shell, Caltex, and Petron, are expected to implement the price change at 6:00 a.m. on the said date. Motorists can expect the new prices at their local stations.
The rollback provides slight relief to consumers, though prices remain elevated compared to the same period last year. The DOE continues to monitor the situation and advises the public to stay updated on weekly price adjustments.
