Fuel Oil Price in the Philippines
The chart above illustrates Fuel Oil prices in the Philippines, in PHP/mt, from August 2024 to August 2025, as follows:
- Fuel Oil (IFO), imp, PH: Fuel Oil (intermediate), import spot, cif, Philippines
- Fuel Oil (LFO), ret, PH: Fuel Oil (light), retail, Philippines
Further information about price assessments covered can be found in the assessments guide.
The price for Fuel Oil (IFO), imp, PH in August 2025 was approximately 43,200 PHP per mt. This marked a 0.7% decline from the prior month's figure, while on a year-over-year comparison, prices for Fuel Oil (IFO), imp, PH saw a 3.5% reduction.
For Fuel Oil (LFO), ret, PH, the price in August 2025 stood at roughly 90,900 PHP per mt. This constituted a 1.9% increase over the preceding month's value, and looking at it year-over-year, Fuel Oil (LFO), ret, PH prices rose by 4.6%.
Recent data, updated on April 6th, 2026, can be found in the Philippines Energy Prices & Markets Report. Updated monthly, the report provides price assessments and market analyses for Fuel Oil and other oil products, encompassing domestic supply and trade dynamics. It also covers other energy commodities in the Philippines, presenting price assessments and market analyses of production, demand, trade, and the Philippines' energy self-sufficiency.
Price Assessments Covered in the Report
Access timely and reliable Fuel Oil price assessments — updated every month and backed by consistent methodologies.
Current Prices
Access up-to-date Fuel Oil price assessments released at the beginning of each month, providing consolidated and relevant market data.
Price Forecasts
View short-term Fuel Oil price projections that help you anticipate market direction and make informed decisions.
Historical Prices
Explore historical Fuel Oil price series over multiple timeframes to identify short-, medium-, and long-term trends.
Beyond Prices: Market Analyses Covered
Understand the broader energy dynamics shaping Philippines's markets.
Production & Demand
Track energy production and consumption patterns to understand supply-demand dynamics across sectors.
Imports & Exports
Analyze energy trade flows and key trading partners to evaluate cross-border dependencies.
Energy Balance & Self-Sufficiency
Assess Philippines's energy balance and self-reliance, identifying exposure to external supply sources.
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