Price Tracker: Oil, fuel monitor for May 12
MANILA, Philippines — Diesel and kerosene prices are set to fall today, but the rollback is an uneven breather at the pumps as gasoline is still expected to climb.
The rollback lands after weeks of fuel volatility tied to the Iran war and fears of supply disruption through the Strait of Hormuz, pressures that have pushed energy security from gas stations to the ASEAN agenda.
But the relief is not broad-based. Analysts warn that oil-price swings are still clouding the country's relatively rapid inflation, while electricity costs remain under strain from hotter weather, stronger demand and pass-through charges despite temporary collection relief measures for consumers.
Here are the estimated fuel prices for Tuesday, May 12.
Estimated May 12 prices
Based on reported May 12 price movements applied to reported May 11 benchmarks
| Fuel product | Estimated nat. avg (P/L) | Estimated range (P/L) | Adjustment applied* | Direction |
|---|---|---|---|---|
| Diesel | ~ 78.88 | ~ 68.43 - 89.59 | -P9.57/L | Decrease |
| Premium diesel | ~ 83.88 | ~ 70.53 - 97.91 | -P9.57/L | Decrease |
| Unleaded 91 | ~ 86.07 | ~ 73.17 - 94.18 | +P0.47/L | Increase |
| Premium 95 | ~ 88.96 | ~ 74.67 - 99.68 | +P0.47/L | Increase |
| Premium 97/98/100 | ~ 98.11 | ~ 79.08 - 110.70 | +P0.47/L | Increase |
* Note: Adjustments are based on reported price movements for May 12. Diesel and premium diesel were reduced by P9.57/L, while gasoline products were increased by P0.47/L. These are estimates and actual pump prices may vary across stations and brands.
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