
IMF warns fuel tax cuts favor upper-income households
‘We do not recommend to mute the signal for gasoline because high income households that can afford to pay higher gasoline prices will also benefit,’ he said,…
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Latest Daily Tribune news and analysis on kerosene.

‘We do not recommend to mute the signal for gasoline because high income households that can afford to pay higher gasoline prices will also benefit,’ he said,…
· 2 MIN READ

Any suspension of excise taxes on gasoline and diesel would only benefit upper-income households, despite the waiver of such taxes on liquefied petroleum gas…
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The BIR has renewed the suspension of excise taxes on LPG and kerosene following a surge in global crude oil prices above the $80-per-barrel threshold,…
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Overshadowing the expected rollback of up to P1.70 per liter for gasoline, effective today are hefty increases of P3.77 to P5.77 per liter of diesel and from…
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Fuel prices in Baguio City remain mostly stable as of April 30, with minor diesel and gasoline adjustments but a sharp kerosene price spike in select areas.…
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Fuel prices in the Philippines will see mixed movements this week, with gasoline increasing by P0.53 per liter while diesel and kerosene continue their third…
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Excise taxes on LPG and kerosene are temporarily suspended for three months starting 17 April 2026, but — the DoF and BIR, citing minimal expected relief for…
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Suspending the excise tax on all oil products would deliver direct monthly savings of P37 to P70 for most people.
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‘If we remove the VAT on petroleum products, it will mainly benefit the oil market.’
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Motorists in Baguio City experienced slight fuel price reductions, particularly in gasoline, alongside ongoing limited supply and kerosene shortages, according…
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Fuel prices in the Philippines are expected to stay high for months due to ongoing Middle East supply disruptions, with Energy Secretary Sharon Garin warning…
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Gasoline prices in the Philippines show signs of easing after weeks of sharp increases, offering motorists a small reprieve, while diesel and kerosene continue…
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Fuel prices rise in the Philippines as diesel jumps P15–P18, gasoline P8–P12, and kerosene P12–P22 per liter amid Middle East tensions, though national…
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Gasoline prices in the Philippines may dip slightly next week, while diesel and kerosene are expected to continue increasing due to global oil market factors.
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Pump prices rise again in the Philippines, with gasoline up P0.60/L, diesel up P1/L, and kerosene up P0.60/L, driven by geopolitical tensions, global supply…
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Fuel prices in the Philippines are set to rise next week, with gasoline, diesel, and kerosene costs expected to increase due to global supply disruptions,…
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