OIL PRICE WATCH as of July 14, 2026
Fuel prices in the Philippines saw a significant increase for diesel and kerosene on July 14, 2026, while gasoline prices remained stable. The Department of Energy attributed these fluctuations to global market volatility caused by renewed tensions between the United States and Iran.
MANILA, Philippines - Motorists are greeted with another round of fuel price increases, as diesel prices rose by P2.62 to P4.62 per liter and kerosene by P2.22 to P4.22, while gasoline prices remained largely stable on Tuesday, July 14.The Department of Energy attributed the adjustments to continued volatility in the global oil market amid renewed tensions between the United States and Iran.
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