OIL PRICE WATCH as of April 23, 2026

Following a fragile ceasefire in the Middle East, the domestic market has seen a glimmer of relief with two consecutive weeks of substantial fuel price adjustments.

As of Tuesday, April 21, 2026, motorists welcomed another major double-digit rollback on diesel prices, which saw a reduction of P24.94 per liter.

This follows a similar massive cut the previous week, marking a significant, albeit necessary, correction that has brought diesel prices down from their recent peaks and into a more manageable, though still high, range for consumers.

Below are the oil prices monitored and gathered by the INQUIRER team as of April 23, 2026.

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