Philippines Diesel prices, 08-Jul-2024

The current price of diesel fuel in the Philippines is PHP 61.90 per liter or USD 1.06 per liter based on the latest update from 08-Jul-2024. For comparison, the world average diesel price is USD 1.18 per liter.
Diesel prices
 Current price 1.06
 Measure USD/Liter
 Last update 2024-07-08
 Data availability from 2014-07-28
 Data frequency Weekly
Source: Department of Energy of the Philippines

We show diesel price data for the Philippines from 2014-07-28 to 2024-07-08. The average diesel price during that period is PHP 43.21 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 61.90 -
 One month ago 60.05 3.1 %
 Three months ago 61.20 1.1 %
 One year ago 55.65 11.2 %

Our data on: CNN Bloomberg Reuters

Philippines Diesel prices: The last eight weeks

Philippines Diesel prices: The last eight weeks

Philippines Diesel prices, liter, Philippine Peso

Philippines Diesel prices: Historical graph; 2014-07-28-2024-07-08
* A long flat line means that the government fixes the prices.
Philippines: Diesel price analytics
Percent of world average diesel price     79.20%
Correlation with crude oil prices     0.87
Percent change if oil prices increase 10%     6.34%
Correlation with USD exchange rate     -0.76
Price flexibility index: 0 (low) - 1 (high)     0.88
Correlation with gasoline prices     0.95
Percent of gasoline price     92.70%
Cost of 40 liter tank, percent of income     14.03%
Updated monthly. Methodological notes
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