Motorists in the Philippines are set to see a major fuel price rollback next week, with diesel prices expected to drop by around ₱19 per liter and gasoline by about ₱3 per liter, according to advisories from oil firms and government energy officials.

The Department of Energy (DOE) confirmed that global oil prices have continued to ease, driven by developments in the Middle East and adjustments in the Mean of Platts Singapore benchmark. Energy Undersecretary Alessandro Sales said the trend points to another round of reductions, offering relief to drivers and commuters who have been burdened by months of high fuel costs.

President Ferdinand Marcos Jr. earlier announced that diesel could fall by more than ₱20 per liter, gasoline by over ₱4 per liter, and kerosene by more than ₱8 per liter starting April 14. He described the rollback as “malaking tulong ito, lalo na sa ating mga driver, sa mga commuter, at sa bawat pamilyang Pilipino na araw-araw naapektuhan ng mataas na presyo ng krudo.”

Oil companies have since confirmed deeper cuts than initially projected. Shell Pilipinas Corp. implemented reductions of ₱23 per liter for diesel, ₱6.50 per liter for gasoline, and ₱11.50 per liter for kerosene. Unioil Petroleum slashed diesel by ₱20.90 per liter and gasoline by ₱4.50 per liter, while Petron Corp. followed with similar rollbacks.

The rollback comes amid a temporary ceasefire in the Middle East, which has stabilized global supply and lowered crude prices. Analysts note that while the decrease is significant, it may not fully offset the impact of previous price surges on transport and commodity costs.

Transport groups and motorists have welcomed the announcement, saying the rollback provides much-needed relief. However, consumer advocates caution that fuel prices remain volatile and could rise again depending on geopolitical developments.

For now, the rollback is expected to ease expenses for households and businesses across the Philippines, particularly for public transport operators who rely heavily on diesel. The DOE said it will continue monitoring global oil movements and issue advisories ahead of weekly price adjustments.