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FACT CHECK: NO ‘big time’ oil price rollback starting April 7

WHAT WAS CLAIMED

A graphic circulating on Facebook claims that a major oil price rollback will take effect on April 7, with diesel dropping to ₱85.50 per liter and gasoline to ₱48.90 per liter.

OUR VERDICT

False:

There is no advisory from the DOE, any oil company or news outlet of a fuel price rollback on April 7. DOE-monitored pump prices and official advisories show fuel prices are at record highs and projected to rise further, not decrease.

By VERA Files

Apr 8, 2026

2-minute read
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A graphic circulating on Facebook claims that a major oil price rollback will take effect on April 7, with diesel dropping to ₱85.50/liter and gasoline to ₱48.90/liter. This is not true.

The graphic, posted by a fraudulent news page on April 5 and carrying the logos of the Department of Energy and GMA Integrated News, bore the text:

“ANNOUNCEMENT. BIG TIME OIL PRICE ROLLBACK!

DIESEL: ₱85.50

GASOLINE: ₱48.90

EFFECTIVE ON APRIL 7, 2026”

Other posts using the same graphics also made the rounds on FB the following day.

As of April 6, prices of gasoline, diesel and kerosene in Metro Manila are at ₱81.00 to ₱114.00 per liter, ₱110.00 to ₱144.90 per liter, and ₱149.89 to ₱169.90 per liter, respectively.

No oil company has issued any advisory projecting a fuel price rollback. Neither has the DOE nor GMA Integrated News released such an announcement.

There has been no announcement from the Department of Energy, any oil company or news outlet about a rollback in fuel prices starting April 7. Pump prices continue to rise.

While the DOE has not yet released its official weekly advisory, oil companies have announced a fresh round of fuel price hikes this week, with adjustments reaching ₱18.80 per liter for diesel.

The Philippines has been in an energy crisis following the attacks of the United States and Israel on Iran, which closed the Strait of Hormuz, disrupting 20% of global oil supply. With 98% of its oil imported from the Middle East, the country’s fuel supply and prices have been severely affected. This has prompted President Ferdinand Marcos to declare a state of national energy emergency on March 24.

The fake post resurfaced as Filipinos continue to brace for another round of fuel price hikes on April 7.

VERA Files Fact Check has previously debunked hoaxes related to oil supply, such as the false claim that LPG was being sold at ₱5,000 per tank. Using official logos of legitimate media outlets and government agencies is a common tactic in fake fuel price posts.

As of writing, the fake fuel rollback post published by FB pages PH News (created June 25, 2025) and two users collectively garnered 652 reactions, 274 comments, and 1,896 shares.

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