# Up to P17/L for gasoline, P4/L for diesel rollback set Nov. 10

> The Philippines scheduled price cuts effective November 10 of PHP16.80 per liter for gasoline, PHP4.10 for diesel, and PHP3.70 for kerosene. The Department of Energy attributed the decline in international oil prices to hopes for a diplomatic resolution to the US–Iran conflict and reduced fears of supply disruption.

- Date: 2026-11-09 · published 2026-11-10T00:13:30.968Z
- Category: geopolitics · region Philippines · magnitude medium
- Page: https://feedsoft.ai/events/90402-up-to-p17-l-for-gasoline-p4-l-for-diesel-rollback-set-nov-10
- Commodities: [ULSD / Diesel](https://feedsoft.ai/c/DIESEL.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Lower oil prices reduce fuel and transport costs for feed supply chains, easing cost pressure on buyers. The rollback signals a bearish move in diesel and crude-linked energy prices.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼
- DIESEL: bearish ▼

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| DIESEL | 2025-11-21 | [Market Talk \| Diesel Futures Slide For Third Day Amid Geopolitical Tensions And Refinery Setbacks](https://feedsoft.ai/events/9310-market-talk-diesel-futures-slide-for-third-day-amid-geopolitical-tensions-and.md) | -7.8% | -15.9% |
| DIESEL | 2026-06-24 | [Diesel Prices Fall Below $5 a Gallon - TT](https://feedsoft.ai/events/19006-diesel-prices-fall-below-5-a-gallon-tt.md) | +4.3% | +30.9% |
| DIESEL | 2026-10-29 | [Exclusive-First Russian diesel from Putin-Trump deal heading for US, data shows By Reuters](https://feedsoft.ai/events/1463-exclusive-first-russian-diesel-from-putin-trump-deal-heading-for-us-data-shows.md) | -2.4% | — |
| DIESEL | 2024-08-19 | [No war for now brings another drop in benchmark diesel price - FreightWaves](https://feedsoft.ai/events/28989-no-war-for-now-brings-another-drop-in-benchmark-diesel-price-freightwaves.md) | -0.7% | -9.6% |
| DIESEL | 2020-03-09 | [The oil price war is on; what that means for buyers of diesel - FreightWaves](https://feedsoft.ai/events/54330-the-oil-price-war-is-on-what-that-means-for-buyers-of-diesel-freightwaves.md) | -17.1% | -21.9% |
| WTI | 2025-11-21 | [Market Talk \| Diesel Futures Slide For Third Day Amid Geopolitical Tensions And Refinery Setbacks](https://feedsoft.ai/events/9310-market-talk-diesel-futures-slide-for-third-day-amid-geopolitical-tensions-and.md) | -2.0% | -5.0% |
| WTI | 2018-11-28 | [Is Trump Responsible for Falling Gasoline Prices? - FactCheck.org](https://feedsoft.ai/events/10266-is-trump-responsible-for-falling-gasoline-prices-factcheck-org.md) | +3.6% | -10.3% |
| WTI | 2022-03-11 | [Oil settles up but posts biggest weekly decline since Nov \| Reuters](https://feedsoft.ai/events/5783-oil-settles-up-but-posts-biggest-weekly-decline-since-nov-reuters.md) | -2.8% | -9.4% |

## Sources

- pna.gov.ph: https://www.pna.gov.ph/article/up-to-p17l-for-gasoline-p4l-for-diesel-rollback-set-nov-10

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.