Fuel Price Rollback: Gasoline Drops P16.80 per Liter Starting November 10
Last Updated on November 10, 2026 by Over Here Toronto
Drivers in Metro Manila and the rest of the country are paying a lot less at the pump this week. A big fuel price rollback took effect on Tuesday, November 10, 2026. Gasoline is down by P16.80 per liter.
The Department of Energy (DOE) announced the cuts on Monday, November 9. The lower prices cover the pricing week from November 10 to 16.
How Much Prices Went Down
Here is how much each fuel dropped per liter, based on DOE figures reported by Philstar and GMA News:
- Gasoline (RON 91, 95 and 97): Down P16.80 per liter
- Diesel: Down P4.10 per liter
- Kerosene: Down P3.70 per liter
- Effective: Tuesday, November 10, 2026
- Pricing week: November 10 to 16
The exact price at each station can still be a little different. Oil firms set their own pump prices, and some may roll back at different times of the day.
Why Prices Fell
World oil prices dropped as hopes grew for a peaceful end to the conflict between the United States and Iran. The DOE’s Oil Industry Management Bureau said talks led by Qatar raised hopes that the fighting would not get worse.
There were also fewer fears about oil supply being cut off at the Strait of Hormuz. That is a key shipping route for oil from the Middle East. When that risk goes down, oil prices often go down too.
“This substantial rollback is welcome relief for Filipino motorists, public transport operators, and households,” said DOE Secretary Sharon Garin, as reported by Philstar.
What It Means for You
A drop of P16.80 per liter adds up fast. For example, filling a 40 liter tank with gasoline would cost about P672 less than last week. Jeepney and bus operators who use diesel will also see some savings, though the cut for diesel is smaller.
The timing also helps families. The ASEAN Summit brings a long break to Metro Manila from November 16 to 18, and many people will travel. The holiday season is also close, which means more trips to malls, bazaars and the province.
Is There Enough Fuel?
The DOE says the country has enough fuel for now. As of November 6, it estimated about 50 days of total supply. That includes about 51 days of gasoline and about 54 days of diesel.
What Happens Next
Fuel prices in the Philippines change every Tuesday, based on how world oil prices moved the week before. If talks between the United States and Iran keep going well, prices could stay low. If tensions rise again, prices could go back up. Oil firms usually share their price changes on Monday, so check for updates before you fill up next week.
References
- Philstar, DOE bares P16.80 fuel price rollback
- GMA News, Mega fuel price rollback set on Tuesday, November 10
- Power Philippines, DOE announces PHP 16.80 gasoline price rollback as US–Iran tensions ease
- SunStar, Big-time rollback set on November 10, 2026
