Fuel Oil Price in the Philippines
The chart above illustrates Fuel Oil prices in the Philippines, in PHP/mt, from March 2024 to March 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.
For March 2025, the Fuel Oil (IFO), imp, PH price was approximately 45,000 PHP per mt. This represented a 1.6% fall compared to the previous month, while increasing by 1% on a year-over-year basis.
The Fuel Oil (LFO), ret, PH price in March 2025 stood at around 88,400 PHP per mt. This reflected a 3.5% decline from the prior month's value, and a 2.5% decrease when compared year-over-year.
Recent data, updated on October 3rd, 2025, can be found in the 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.
Philippines Energy Price & Market Subscription Features
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Comprehensive Coverage
Includes Fuel Oil and other eleven key energy commodities analyzed in each edition.
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