In its latest price tracker for June 16 to 22, the Department of Energy (DOE) said fuel prices could return to pre-war levels only after six to 12 months, according to a report by Philstar Biz.
The DOE monitor tracks weekly changes in oil and fuel prices amid ongoing global supply disruptions. The agency noted that while prices have eased from their peaks, volatility remains high due to geopolitical tensions and OPEC+ production decisions.
Consumers across the Philippines continue to feel the pinch at the pump, with transport groups calling for further reductions. The DOE urged the public to monitor its weekly advisories for the latest price movements.