Joselito Malig

Article (news)

Jervis Manahan

ABS-CBN News

MANILA - President Ferdinand Marcos Jr. on Saturday asked oil companies to implement a fuel price rollback in full, as the country anticipates another oil price reduction for the second consecutive week.After a series of hikes, all petroleum products are poised for a rollback by Tuesday, April 21.&quot;Sa susunod po na linggo, may mas malaking bawas sa presyo ng langis. Dahil dito, bababa ang diesel ng humigit-kumulang ₱24.94 kada litro, ang gasolina naman ay ₱3.41, at kerosene ng ₱2.00,&quot; Marcos said in a video statement.&quot;Mas malaki ito kaysa sa rollback noong nakaraang linggo at malinaw ang ibig sabihin nito para sa ating lahat. May ginhawang parating,&quot; he said.The President hopes the public would feel relief with the rollback.&quot;At sa ating mga oil companies, malinaw naman ang aking panawagan, ipatupad ninyo ang rollback nang buo, tama, at walang pagkaantala. Ibigay ninyo sa taumbayan ang dapat naman na nasa kanila,&quot; he said.Marcos added that government agencies are open for grievances amidst the crisis that has put livelihoods and the transport sector in peril due to high oil prices.&quot;At para sa ating mga kababayan, bukas ang ating tanggapan at ang Department of Energy para sa inyong mga reklamo. Kung may paglabag, ipaalam po ninyo sa amin. Kikilos kami agad,&quot; he said.&quot;Tuloy-tuloy pa rin ang pagbibigay natin ng ₱10 fuel discount sa mga PUV at para sa mga bus, at ang Service Contracting Program para sa mga PUV driver,&quot; Marcos said, highlighting several initiatives they have rolled out for the transport sector.&quot;Ang bawat sentimo na ibinababa ay dapat maramdaman ng bawat Pilipino.&quot;Marcos added that expiring car registration and licenses are given a three-month extension of their validity to further help the public.&quot;Ipapatupad din ng Department of Transportation at Land Transportation Office ang tatlong buwang extension sa validity ng mga nag eexpire na na lisensya, student permit, at rehistro ng sasakyan,&quot; he said.&quot;Halimbawa, kung mag-eexpire ngayong buwan ang lisensya o rehistro mo, magiging valid pa rin yan hanggang July, at wala kang babayarang multa o anumang surcharge,&quot; the President added.&quot;Bukod sa driver’s license at sa rehistro, extended din ang validity ng mga student permit at ang mga conductor’s license,&quot; he said.Marcos reassured the public that the government will be steadfast in its efforts to help Filipinos cope with the effects of the war.&quot;Batid namin ang sitwasyon ng bawat Pilipino sa panahong ito. Hindi tayo titigil. Hindi tayo uurong. At hindi natin hahayaan na ang ginhawang ito ay hindi po makarating sa taumbayan,&quot; he said.<div> </div><div>RELATED VIDEO:</div><div><iframe width="640" height="360" src="https://www.youtube.com/embed/H6W7ou5Ufg8?autoplay=1&amp;wmode=opaque&amp;rel=0" frameBorder="0" allowfullscreen="" class="fr-draggable"></iframe> </div>

President Ferdinand Marcos Jr. on Saturday asked oil companies to implement a fuel price rollback in full.

President Ferdinand Marcos Jr. on Saturday asked oil companies to implement a fuel price rollback in full.

Marcos Jr. asks oil companies to implement fuel price rollback in full

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Marcos Jr. asks oil companies to implement fuel price rollback in full

Jervis Manahan,

ABS-CBN News

Published April 18, 2026 06:45 PM PHT

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Updated April 18, 2026 07:14 PM PHT

Read More:

oil prices

Ferdinand Marcos Jr.

oil price rollback

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