Metro Manila Fuel Prices to Drop Again on April 21

Consumers in Metro Manila are set to benefit from another round of fuel price reductions this Tuesday, April 21. This marks a continuation of the relief seen last week, offering a much-needed reprieve for households and businesses grappling with fluctuating energy costs.

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Fuel prices are set for another round of rollbacks on Tuesday, April 21, extending last week's relief as pressure from the Middle East conflict continues to ease.

Shell Pilipinas has confirmed substantial price cuts across key fuel types. Diesel prices will see a significant decrease of P24.94 per liter, while gasoline will be reduced by P3.41 per liter, and kerosene by P2 per liter. These adjustments are particularly welcome, as they exceed earlier industry projections, signaling a positive shift in market dynamics.

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Shell Pilipinas said it will cut diesel prices by P24.94 per liter, gasoline by P3.41 per liter and kerosene by P2 per liter starting 6 a.m. Tuesday.

The easing of pressure stemming from the Middle East conflict appears to be a primary driver behind these sharper-than-expected rollbacks. As global tensions subside, the impact is directly felt at the pump, providing tangible economic relief to consumers in the Philippines.

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The latest cut is sharper than earlier estimates in the pricing window, when industry sources had projected diesel prices to fall by about P17 to P19 per liter and gasoline by P2 to P3 per liter.