Oil Companies Implement Modest Price Rollbacks

After weeks of fuel price hikes, oil companies in the Philippines implemented modest rollbacks for gasoline and diesel, with a steeper cut for kerosene, driven by supply concerns linked to Middle East tensions.

4 Aug, 01:04 — 4 Aug, 01:04

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inquirerMostly Factual1h ago

OIL PRICE WATCH as of Aug. 4, 2026

MANILA, Philippines – After weeks of fuel price hikes driven by supply concerns linked to continued tensions in the Middle East, oil companies on Tuesday implemented modest rollbacks for gasoline and diesel, while kerosene posted a steeper price cut. Gasoline prices fell by P0.73 per liter, while diesel prices dropped by P0.60 per liter. Kerosene

By Dona Policar

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Oil Companies Implement Modest Price Rollbacks

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OIL PRICE WATCH as of Aug. 4, 2026

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