Philippines Fuel Prices Today — Gasoline ₱74.10/L, Diesel ₱85.22/L (August 2026)
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Philippines Gasoline & Diesel Prices

Exchange rates live  ·  Updated: 2026-08-26
Retail Pump Prices — Philippines USD / LITER
Fuel Type USD / Liter PHP / Liter vs World Avg
⛽ Gasoline (Petrol) $1.200 ₱74.10 -20.8%
🚛 Diesel $1.380 ₱85.22 -9%
🔵 LPG / Autogas $0.710 ₱43.84 -21.9%
⚡ Electric (kWh) $0.215 ₱13.28
⚡ Electric Business (kWh) $0.159 ₱9.819
🔥 Natural Gas (m³) N/A
🔥 Natural Gas Business (m³) N/A
💧 Kerosene $1.810 ₱112
🌡 Heating Oil N/A

Gasoline Price in Philippines Today

Today a full 40-litre tank in Philippines costs in the region of ₱2,964. That equates to 32 minutes of average-wage labour per litre and 21.1 hours for 40 litres. LPG comes in at ₱43.84/L — 40.8% below gasoline.

Diesel Price in Philippines

A litre of diesel in Philippines goes for ₱85.22/L, 15.0% above gasoline. Measured over 22 Asia markets diesel runs 1.4% above petrol on average, leaving this gap wider.

How Philippines Compares Globally

Drivers in Philippines pay ₱74.10/L per litre ($1.200), 20.8% below the global figure of $1.516. That places Philippines 37th from the bottom among 133 tracked countries, and 10th cheapest of the 22 in Asia. That is 14.7% below the Asia average. The next market down is Pakistan at 0.8% below, the next up China at 3.3% above.

Historical Price Trend

Philippines has seen gasoline shed 19.5% across 3 months — $1.490 then, $1.200 now. Records covering 34 weeks put the floor at $1.140 and the ceiling at $1.530, the latter on 31 May 2026. The diesel line rose 7.0% across the same window. Measured low to high, 13 July against 31 May, the swing is 34.2%. Measured from the first reading of 2026 the pump price is 12.4% lower. Electricity for households rose 7.5% in parallel, standing at ₱13.28 per kWh.

Fuel Affordability Index GASOLINE · AVG WAGE
32
minutes of work per liter
264.0%
of daily income for a full tank (40L)
21.12
hours of work for a full tank (40L)
Based on average monthly wage of $400 USD. Gasoline price: $1.200/L.
About Fuel Prices in Philippines

As of 2026-08-26, the retail price of gasoline in Philippines is $1.200 per liter, and diesel costs $1.380 per liter. Philippines’s gasoline price is 20.8% below the global average of $1.516 per liter. LPG/autogas is available at $0.710 per liter. Electricity for EV charging costs $0.215 per kWh.


As an island nation, Philippines imports all petroleum products by sea. Shipping and handling costs add to the base price of fuel, making prices more sensitive to international freight rates and supply chain conditions.


Based on an average monthly wage of $400 USD, a worker in Philippines needs approximately 32 minutes to afford one liter of gasoline — equivalent to 264.0% of a day's pay for a standard 40-liter fill-up.


Asia spans 497.4% between its cheapest market, Kazakhstan at $0.698, and its dearest, Hong Kong at $4.170, over 22 countries.


Weekly updates draw on official state energy agencies alongside vetted international data sources. Local currency amounts (PHP / ₱) update automatically with live exchange rates.

Frequently Asked Questions FAQ
Philippines pumps charged $1.200 a litre as of 2026-08-26 — 20.8% below the $$1.516 global average.
As an island nation, Philippines imports all petroleum products by sea. Shipping and handling costs add to the base price of fuel, making prices more sensitive to international freight rates and supply chain conditions.
Prices for Philippines are reviewed and updated weekly, sourced from official government energy agencies and verified international data providers.
Coverage for Philippines spans Gasoline, Diesel, LPG, Electricity, Electricity (Business), Kerosene, each shown in USD per litre — kWh in the case of electricity.
Philippines gasoline is priced at $1.200/L versus a global average of $1.516/L — a difference of 20.8% (below). Explore the Rankings page to see Philippines's position among all tracked countries.
Global Commodity Prices & Local Impact BENCHMARK · USD
Commodity Market Price Raw Cost Retail Here Gov't Factor
🛢 Brent Crude $92.63 /bbl $0.703 /L $1.200 +70.7%
🛢 WTI Crude $85.57 /bbl $0.658 /L $1.200 +82.4%
🔥 Natural Gas $2.82 /MMBtu $0.125 /m³ no data
⚡ Lithium ETF $77.03 /share indirect $0.215
☢ Uranium ETF $45.69 /share indirect $0.215
30-Day Commodity Price Effect 30D · PASS-THROUGH

How global commodity swings translated to pump prices here

Commodity Commodity Δ30D Retail Δ30D Pass-Through
🛢 Brent Crude +10.6% -9.8%
-92%
🛢 WTI Crude +6.5% -9.8%
-151%
🔥 Natural Gas +1.3%
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