Philippines Diesel prices, 16-Sep-2024
The current price of diesel fuel in the Philippines is PHP 52.15 per liter or USD 0.93 per liter based on the latest update from 16-Sep-2024.
For comparison, the world average diesel price is USD 1.15 per liter.
Philippines |
Diesel prices |
|---|---|
| Current price | 0.93 |
| Measure | USD/Liter |
| Last update | 2024-09-16 |
| Data availability from | 2014-10-06 |
| Data frequency | Weekly |
We show diesel price data for the Philippines
from 2014-10-06 to 2024-09-16.
The average diesel price during that period is PHP 43.50
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.
Diesel prices |
Price (PHP/Liter) | Percent change |
|---|---|---|
| Current price | 52.15 | - |
| One month ago | 55.05 | -5.3 % |
| Three months ago | 59.30 | -12.1 % |
| One year ago | 68.80 | -24.2 % |
Philippines Diesel prices: The last eight weeks
Philippines Diesel prices, liter, Philippine Peso
* A long flat line means that the government fixes the prices.
Philippines: Diesel price analytics |
Value |
|---|---|
| Percent of world average diesel price | 76.70% |
| Correlation with crude oil prices | 0.87 |
| Percent change if oil prices increase 10% | 0.88% |
| Correlation with USD exchange rate | -0.75 |
| Correlation with gasoline prices | 0.95 |
| Percent of gasoline price | 87.61% |
| Cost of 40 liter tank, percent of income | 4.49% |
| Diesel consumption, percent of income | 6.35% |
Updated monthly. Methodological notes
