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President Marcos Announces Significant Price Cuts on Diesel and Gasoline

President Ferdinand Bongbong Marcos urged oil companies to fully implement the rollback of fuel prices, expecting major reductions in diesel and gasoline ahead.On April 18, 2026, President Ferdinand "Bongbong" Marcos publicly called on oil companies to promptly and fully apply the rollback on fuel prices without delay. He stated that diesel prices are expected to drop by ₱24.94 per liter,...