Philippine Fuel Prices: A Costly Concern

how much is fuel in philippines

Fuel prices in the Philippines have been fluctuating, with the cost of gasoline, diesel, and kerosene all experiencing changes. As of July 2025, the price of gasoline stood at PHP 56.00 per liter, a decrease from PHP 58.255 in February 2025. Diesel prices have also been adjusted, with a recent increase of PHP 0.60 per liter. Kerosene prices have followed a similar trend, rising by PHP 0.40 per liter. The historical data reveals an all-time high for diesel prices in June 2022, reaching PHP 83.739 per liter, while gasoline peaked at PHP 86.30 in July 2022.

Characteristics Values
Current gasoline price PHP 56.00 per liter or USD 0.98 per liter
Average price of gasoline in the world USD 1.20 per liter
Average price of gasoline from 17 Aug 2015 to 28 Jul 2025 PHP 55.08 per liter
Minimum price of gasoline in that period PHP 34.85 on 15 Feb 2016
Maximum price of gasoline in that period PHP 86.30 on 4 Jul 2022
Retail price of diesel in NCR, Philippines in Mar 2025 PHP 56.389 per liter
Retail price of diesel in NCR, Philippines in Feb 2025 PHP 58.255 per liter
Retail price of diesel in NCR, Philippines in Jun 2022 PHP 83.739 per liter
Retail price of diesel in NCR, Philippines in Sep 1990 PHP 4.960 per liter
Price adjustments on 29 Jul 2025 Gasoline: ₱ 0.10/L, Diesel: ₱ 0.60/L, Kerosene: ₱ 0.40/L

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Gasoline price: PHP 56.00 per litre

As of 28 July 2025, the price of gasoline in the Philippines is PHP 56.00 per litre or USD 0.98 per litre. This is lower than the average world price of USD 1.20 per litre.

The price of gasoline in the Philippines has fluctuated over the past decade. Since 2015, the average price has been PHP 55.08, with a minimum of PHP 34.85 in February 2016 and a maximum of PHP 86.30 in July 2022.

The price of fuel can vary across the Philippines, with different prices reported in different regions and cities. For example, in March 2025, the common price of diesel in the NCR region was reported as PHP 56.389/L, compared to the national average of PHP 58.255/L in February 2025.

Fuel prices in the Philippines are adjusted regularly, with small increases and decreases in price. For example, on 29 July 2025, gasoline prices decreased by PHP 0.10/L, while diesel and kerosene prices increased by PHP 0.60/L and PHP 0.40/L, respectively.

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Diesel price: PHP 56.389 per litre

As of March 2025, the price of diesel fuel in the Philippines was 56.389 Philippine pesos per litre. This data represents the common price, which is distinct from the average price.

This price is arrived at through monthly updates, with this particular data point representing a decrease from the previous month's price of 58.255 PHP per litre in February 2025.

Looking at a longer time horizon, the price of diesel in the Philippines has averaged 28.870 PHP per litre from January 1990 to March 2025. The price reached its historical peak in June 2022, when it soared to 83.739 PHP per litre. On the other hand, the lowest price recorded during this period was in September 1990, when diesel cost only 4.960 PHP per litre.

The diesel price data for the Philippines is actively maintained and reported by the Department of Energy.

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Kerosene price: PHP 0.40 per litre

As of July 29, 2025, the price of kerosene in the Philippines was PHP 0.40 per litre. This price represents a PHP 0.40 increase from the previous price. Consumers can expect to pay this amount for kerosene-based fuel purchases in the Philippines as of the price adjustment date.

The price of kerosene fuel in the Philippines is subject to fluctuations and changes over time. While the current price stands at PHP 0.40 per litre, it is important for consumers to stay updated on any further adjustments or changes that may occur. Fuel prices can be influenced by various factors, including market dynamics, supply and demand, and governmental policies. Therefore, it is advisable for consumers to monitor reliable sources of information, such as official government websites, regulatory agencies, or dedicated fuel price update platforms, to stay informed about the most current prices and any upcoming changes.

The specific price of kerosene fuel may also vary across different regions or localities within the Philippines. Local taxes, distribution costs, and other factors can influence the final price that consumers pay at the pump. Hence, it is recommended to refer to local sources or regional price update platforms for the most accurate and location-specific information regarding kerosene fuel pricing.

Additionally, it is worth noting that the price of kerosene fuel can be influenced by the prices of other types of fuels, such as gasoline and diesel. In the Philippines, the prices of these fuels can vary, and changes in their prices may have a ripple effect on the price of kerosene. Therefore, consumers should also be aware of the broader fuel price landscape and consider monitoring the prices of multiple fuel types to make informed decisions, especially if they utilise different types of fuels for various purposes.

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Octane-95 gasoline price

As of 28 July 2025, the current gasoline price in the Philippines is 56.00 Philippine pesos (PHP) per litre or 0.98 US dollars (USD) per litre.

The average price of gasoline in the world is USD 1.20 per litre. In comparison, the average price of Octane-95 gasoline in the Philippines from 17 August 2015 to 28 July 2025 was PHP 55.08 per litre. The price of Octane-95 gasoline reached a minimum of PHP 34.85 on 15 February 2016 and a maximum of PHP 86.30 on 4 July 2022.

The price of gasoline in the Philippines is updated weekly and is obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. The data suggests that the government fixes the prices, as indicated by a long flat line.

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Historical fuel prices

As of 28 July 2025, the price of gasoline in the Philippines is PHP 56.00 per litre or USD 0.98 per litre. On the same date, Octane-95 gasoline was priced at PHP 55.08 per litre.

Historical data shows that fuel prices in the Philippines have fluctuated over time. Since January 1990, the average price of diesel has been PHP 28.870 per litre, with a record high of PHP 83.739 per litre in June 2022 and a low of PHP 4.960 per litre in September 1990.

The price of gasoline has also seen changes, with a maximum of PHP 86.30 recorded on 4 July 2022, and a minimum of PHP 34.85 on 15 February 2016.

While fuel prices in the Philippines have varied, the current price of PHP 56.00 per litre of gasoline is relatively close to the historical average. It is worth noting that global factors, such as oil price fluctuations and economic conditions, can impact fuel prices in the Philippines and cause them to change over time.

Frequently asked questions

The price of gasoline in the Philippines was PHP 56.00 per liter or USD 0.98 per liter as of 28 July 2025.

As of 29 July 2025, diesel prices in the Philippines increased by ₱0.60/L. The price before this increase is unknown.

The average price of gasoline in the world is USD 1.20 per liter.

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