
BIR suspends excise taxes on LPG and kerosene amid high crude oil prices
BIR issued RMC 100-2026 implementing tax suspensions on LPG and kerosene after Dubai crude prices exceeded the $80 threshold under EO 125.
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19,268 results for “oil price rollback reversal”

BIR issued RMC 100-2026 implementing tax suspensions on LPG and kerosene after Dubai crude prices exceeded the $80 threshold under EO 125.

Get the latest insights on the price rollback, what’s driving the change, and how it could impact consumers, businesses, and the broader economy. Explore…

Shell will implement the highest rollback among oil companies, cutting gasoline prices by P6.50 per liter, kerosene by P11.50 per liter, and diesel by P23 per…



DTI’s 2025 Noche Buena price guide shows 129 items retaining prices and select ham, queso de bola, and spaghetti sauce receiving rollbacks to keep holiday…

Motorists will face higher fuel costs starting Tuesday morning, as oil companies confirmed a fresh round of pump price increases due to fluctuating global…

Motorists can expect a big-time rollback in pump prices next week — just in time for the Holy Week break — with gasoline, diesel, and kerosene all poised for…

The Department of Energy announces upcoming petroleum price rollbacks, with gasoline set to drop by P1.40 to P1.70 per liter, diesel by P0.90 to P1.20, and…

Motorists can expect some relief at the pump as fuel prices are set for a rollback in the first week of March, according to industry sources.

Fuel prices are set to roll back this week with a P0.10 per liter cut in gasoline and diesel, and a P0.30 per liter cut in kerosene, driven by global market…


Fuel companies confirmed a price reduction of P0.85 per liter for gasoline, P0.75 per liter for diesel, and P0.90 per liter for kerosene.

As of writing, the DoE still has not updated the data on its weekly oil price monitoring yet, but figures as of 22 November showed that the cumulative increase…

Good news for Christmas: Hefty oil price rollback

Another oil price rollback effective 6 December

‘Based on four days of trading in Singapore based on the Mean of Platts Singapore which is a benchmark of Asian countries, we can expect a rollback in all…

Oil price rollback this week

The House Ways and Means Committee chairperson said the July oil supply deficit was at its lowest level for 2022, at about 600,000 stock tank barrels.