Big Oil Price Rollback: Diesel, Kerosene Down, Gas Up
Big Oil Price Rollback: Diesel, Kerosene Down, Gas Up

In a significant development for consumers, a major oil price rollback is set to take effect on Tuesday, May 12, 2026, particularly benefiting diesel and kerosene users. However, motorists using gasoline will see a slight increase.

Price Adjustments Announced

Pilipinas Shell, in an advisory released on Monday, May 11, 2026, detailed the following per-liter price changes:

  • Diesel: A substantial decrease of P9.57 per liter.
  • Kerosene: A significant drop of P13.30 per liter.
  • Gasoline: A marginal increase of P0.47 per liter.

Implementation Details

The mixed price adjustment will be implemented starting at 6 a.m. on Tuesday, May 12, 2026. This move is expected to provide relief to sectors heavily reliant on diesel and kerosene, such as transportation and agriculture, while gasoline users will face a slight uptick in costs.

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Industry analysts note that the rollback on diesel and kerosene reflects global market trends, while the gasoline increase may be attributed to regional supply factors. Consumers are advised to plan their fuel purchases accordingly.

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