The gasoline price in the Philippines continued to fluctuate in 2023 and the first quarter of 2025, reaching 56.34 Philippine pesos per liter in April 2025. The retail price of petrol peaked between May and June 2022.   Which countries supply petroleum products to the Philippines? The refined petroleum products supply in the Philippines is mainly imported from South Korea, which accounts for 31 percent of the total import share. Singapore and China also provide a large share of the country’s petroleum product supply. Due to a dormant oil refining capacity, the production of petroleum refinery products in the Philippines has shown sluggish growth recently, further emphasizing the need for importing such products. Leading petroleum companies in the Philippines Shell Pilipinas Corporation held the highest share of the petroleum market in the Philippines, with a market share of about 16 percent in 2023. The company operated its petroleum refinery until 2020, when it decided to focus on imports. There is only one operating oil refinery in the country, which is run by the second-largest oil company – Petron Corporation.

Gasoline Prices in Philippines remained unchanged at 0.96 USD/Liter in November. This dataset provides the latest reported value for - Philippines Gasoline Prices - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

As of April 2025, the price of diesel in the Philippines amounted to ***** Philippine pesos per liter, indicating a slight decrease from the previous month. The retail price of diesel significantly increased in 2022, reaching its peak of ***** Philippine pesos per liter.

Day–price (PHP) dataset of petroleum products in Manila City, Philippines. The USD-PHP conversion rate is included in the third column.

Philippines Retail Price: Petroleum: NCR: Common Price: Average: Diesel data was reported at 58.176 PHP/l in Nov 2025. This records an increase from the previous number of 55.630 PHP/l for Oct 2025. Philippines Retail Price: Petroleum: NCR: Common Price: Average: Diesel data is updated monthly, averaging 38.450 PHP/l from Jan 1990 (Median) to Nov 2025, with 431 observations. The data reached an all-time high of 83.739 PHP/l in Jun 2022 and a record low of 4.960 PHP/l in Sep 1990. Philippines Retail Price: Petroleum: NCR: Common Price: Average: Diesel data remains active status in CEIC and is reported by Department of Energy. The data is categorized under Global Database’s Philippines – Table PH.P: Retail Price: Petroleum.

The Philippines: Diesel prices at the pump, in dollars per liter: The latest value from 2016 is 0.58 dollars, a decline from 0.82 dollars in 2014. In comparison, the world average is 0.87 dollars, based on data from 160 countries. Historically, the average for the Philippines from 1991 to 2016 is 0.53 dollars. The minimum value, 0.22 dollars, was reached in 1998 while the maximum of 1.01 dollars was recorded in 2012.

This dataset provides values for GASOLINE PRICES reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.

Philippines Retail Price: Petroleum: NCR: Common Price: Average: RON 95 data was reported at 60.041 PHP/l in Nov 2025. This records an increase from the previous number of 58.998 PHP/l for Oct 2025. Philippines Retail Price: Petroleum: NCR: Common Price: Average: RON 95 data is updated monthly, averaging 54.208 PHP/l from Jan 2014 (Median) to Nov 2025, with 143 observations. The data reached an all-time high of 83.696 PHP/l in Jun 2022 and a record low of 36.030 PHP/l in Feb 2016. Philippines Retail Price: Petroleum: NCR: Common Price: Average: RON 95 data remains active status in CEIC and is reported by Department of Energy. The data is categorized under Global Database’s Philippines – Table PH.P: Retail Price: Petroleum.

During the first half of 2023, the average retail price of one-liter gas in the Philippines amounted to around **** U.S. dollars, reflecting a decrease increase from the previous period. The price of fuel around the world spiked in 2022 as a result of the Russia-Ukraine war.

As of June 2024, the petrol index in the Philippines reached *** liters, indicating an increase from the previous period. The petrol price index compares average petrol prices to average salaries in a given year. The higher the index, the more petrol can be purchased by the average salary in a country.

Philippines Retail Price: Petroleum: NCR: Common Price: Average: Diesel Plus data was reported at 66.524 PHP/l in Nov 2025. This records an increase from the previous number of 61.728 PHP/l for Oct 2025. Philippines Retail Price: Petroleum: NCR: Common Price: Average: Diesel Plus data is updated monthly, averaging 47.422 PHP/l from Mar 2017 (Median) to Nov 2025, with 105 observations. The data reached an all-time high of 86.866 PHP/l in Jun 2022 and a record low of 32.654 PHP/l in May 2020. Philippines Retail Price: Petroleum: NCR: Common Price: Average: Diesel Plus data remains active status in CEIC and is reported by Department of Energy. The data is categorized under Global Database’s Philippines – Table PH.P: Retail Price: Petroleum.

Gasoline prices of Philippines plummeted by 18.10% from 1.05 US dollars per liter in 2014 to 0.86 US dollars per liter in 2016. Since the 19.05% surge in 2012, gasoline prices sank by 31.20% in 2016. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.

Philippines PH: Pump Price for Gasoline: USD per Liter data was reported at 0.860 USD in 2016. This records a decrease from the previous number of 1.050 USD for 2014. Philippines PH: Pump Price for Gasoline: USD per Liter data is updated yearly, averaging 0.640 USD from Dec 1991 (Median) to 2016, with 12 observations. The data reached an all-time high of 1.250 USD in 2012 and a record low of 0.340 USD in 1998. Philippines PH: Pump Price for Gasoline: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of gasoline. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;

Philippines PH: Pump Price for Diesel Fuel: USD per Liter data was reported at 0.580 USD in 2016. This records a decrease from the previous number of 0.820 USD for 2014. Philippines PH: Pump Price for Diesel Fuel: USD per Liter data is updated yearly, averaging 0.460 USD from Dec 1991 (Median) to 2016, with 12 observations. The data reached an all-time high of 1.010 USD in 2012 and a record low of 0.220 USD in 1998. Philippines PH: Pump Price for Diesel Fuel: USD per Liter data remains active status in CEIC and is reported by World Bank. The data is categorized under Global Database’s Philippines – Table PH.World Bank.WDI: Transportation. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.; ; German Agency for International Cooperation (GIZ).; Median;

0.58 (US dollars/liter) in 2016. Fuel prices refer to the pump prices of the most widely sold grade of diesel fuel. Prices have been converted from the local currency to U.S. dollars.

As of July 2025, the monthly price of kerosene per gallon in the Philippines reached about *** Philippine pesos, indicating an increase from ***** Philippine pesos in the same month in 2019. The monthly jet fuel price fluctuated during the observed period, peaking at *** Philippine pesos per gallon in June 2022.

In 2024, the Philippine wood fuel market increased by 4.7% to $1.5B for the first time since 2021, thus ending a two-year declining trend. Overall, consumption recorded a relatively flat trend pattern. Over the period under review, the market attained the maximum level at $1.8B in 2021; however, from 2022 to 2024, consumption remained at a lower figure.

Philippines Retail Price: Petroleum: NCR: Common Price: Average: RON 91 data was reported at 57.207 PHP/l in Nov 2025. This records an increase from the previous number of 56.098 PHP/l for Oct 2025. Philippines Retail Price: Petroleum: NCR: Common Price: Average: RON 91 data is updated monthly, averaging 52.737 PHP/l from Jan 2014 (Median) to Nov 2025, with 143 observations. The data reached an all-time high of 82.135 PHP/l in Jun 2022 and a record low of 32.960 PHP/l in Feb 2016. Philippines Retail Price: Petroleum: NCR: Common Price: Average: RON 91 data remains active status in CEIC and is reported by Department of Energy. The data is categorized under Global Database’s Philippines – Table PH.P: Retail Price: Petroleum.

For the third year in a row, the Philippines recorded decline in purchases abroad of wood fuel, which decreased by -25% to 6 cubic meters in 2023.

Philippines Retail Price: Petroleum: NCR: Common Price: Average: Kerosene data was reported at 77.961 PHP/l in Nov 2025. This records an increase from the previous number of 74.875 PHP/l for Oct 2025. Philippines Retail Price: Petroleum: NCR: Common Price: Average: Kerosene data is updated monthly, averaging 39.990 PHP/l from Jan 1990 (Median) to Nov 2025, with 431 observations. The data reached an all-time high of 90.075 PHP/l in Jun 2022 and a record low of 4.960 PHP/l in Aug 1990. Philippines Retail Price: Petroleum: NCR: Common Price: Average: Kerosene data remains active status in CEIC and is reported by Department of Energy. The data is categorized under Global Database’s Philippines – Table PH.P: Retail Price: Petroleum.