OIL PRICE WATCH: Gas, diesel prices as of April 11, 2026

MANILA, Philippines — A cut in local diesel prices — about double what was initially expected—will provide a little relief to consumers next week as a ceasefire in the Middle East war continues to hold. After weeks of double-digit increases in diesel prices, an industry source said on Friday that prices could be rolled back by P5.50 to P6.50 a liter. The source’s estimates were higher than his initial forecast of P2.50 to P3.50 per liter. He based these estimates on the average of the first three days of the Mean of Platts Singapore, a key pricing benchmark for refined […]... Keep on reading: OIL PRICE WATCH: Gas, diesel prices as of April 11, 2026

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