Philippines Diesel prices, 26-Feb-2024

The current price of diesel fuel in the Philippines is PHP 62.10 per liter or USD 1.11 per liter based on the latest update from 26-Feb-2024. For comparison, the world average diesel price is USD 1.21 per liter.
Philippines
Diesel prices
 Current price 1.11
 Measure USD/Liter
 Last update 2024-02-26
 Data availability from 2014-03-17
 Data frequency Weekly
Source: Department of Energy of the Philippines


We show diesel price data for the Philippines from 2014-03-17 to 2024-02-26. The average diesel price during that period is PHP 42.61 per liter with a minimum of PHP 18.25 on 2016-01-25 and a maximum of PHP 90.70 on 2022-07-04. Our data are obtained from official government sources, regulatory agencies, petroleum companies, and major media sources. We update the series for the Philippines every week.


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Diesel prices
Price (PHP/Liter) Percent change
 Current price 62.10 -
 One month ago 61.15 1.6 %
 Three months ago 59.65 4.1 %
 One year ago 62.00 0.2 %


Our data on: CNN Bloomberg Reuters



Philippines Diesel prices, liter, Philippine Peso


Philippines Diesel prices: Historical graph; 2014-03-17-2024-02-26
* A long flat line means that the government fixes the prices.
Philippines: Diesel price analytics
    Value
Correlation with crude oil prices     0.87
Correlation with gasoline prices     0.96
Diesel / world average diesel price     0.83
Diesel / gasoline price     0.92
Cost of 40 liter tank, percent of income     13.66 %
Updated monthly. Methodological notes
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