OIL PRICE WATCH as of May 11, 2026

MANILA, Philippines – Diesel prices are expected to post another major rollback this week following easing tensions in the Middle East and softer global oil trading. Industry estimates showed diesel prices could drop by as much as P7 to P9 per liter on May 12, potentially pulling pump prices in Metro Manila down to as low as P70 per liter for regular diesel products. READ: New diesel price cut expected next week Kerosene prices are also expected to decline sharply, while gasoline may register a slight increase. Below are the prevailing prices monitored and gathered by the Inquirer team as […]...

Keep on reading: OIL PRICE WATCH as of May 11, 2026