OIL PRICE WATCH as of June 2, 2026

MANILA, Philippines – A significant relief welcomed Filipino motorists on Tuesday, June 2, as oil prices post major rollbacks after weeks of continued price hikes. Diesel prices were slashed by at least P9.26 per liter, while gasoline went down by a minimum of P4.76 per liter. Kerosene will see the biggest reduction, dropping by at least P10.86 per liter. READ: Major rollbacks set for the 1st week of June The latest adjustments come as global oil prices continue to stabilize following disruptions caused by conflict in the Middle East. Below are the fuel prices monitored and gathered by the INQUIRER […]... Keep on reading: OIL PRICE WATCH as of June 2, 2026