Price Tracker: Oil, fuel monitor for May 6
MANILA, Philippines — Fuel prices rose again Tuesday, May 5, as the government reported rapid inflation in April at 7.2%—the fastest pace in three years—due to the spike in food, transport and utility costs.
The Department of Energy said diesel prices increased by P2.66 per liter and gasoline by P2.21/L, while kerosene dropped by P3.53/L. The increases marked a return to pump price hikes after the late-April rollback streak.
The energy cost pressure has also widened into electricity. The DOE said it supports proposals to suspend, reduce or remove value-added tax on electricity if these would help lower power costs for consumers.
Here are the estimated pump price benchmarks for Wednesday, May 6.
May 6, 2026 fuel price benchmarks
National averages with reported pump price ranges
| Fuel product | National avg (P/liter) | Range of pump prices (P/liter) |
|---|---|---|
| Diesel | 88.48 | 81.02 - 109.27 |
| Premium diesel | 93.46 | 85.86 - 107.32 |
| Unleaded 91 | 85.71 | 79.20 - 94.02 |
| Premium 95 | 88.56 | 80.31 - 108.17 |
| Premium 97/98/100 | 97.70 | 82.34 - 105.93 |
Note: The range reflects the lowest station prices and highest reported brand averages from Metro Fuel, Gas Watch, social media reports and other sources. High values for premium grades are approximate since detailed brand data were not published.
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