Big-Time Price Drop: LPG Rollback of ₱12/KG Takes Effect Today

Photo Courtesy of Petron Corporation / Facebook

Local households and businesses will find financial relief at the start of the week as Petron Corporation announced a major price rollback of ₱12.00 per kilogram on liquefied petroleum gas (LPG) products, effective today, Monday, June 29, 2026.

The big-time price slash translates to a substantial ₱132.00 savings for a standard 11-kilogram household LPG cylinder, easing the burden on consumers after volatile market shifts earlier this year.

Market Drivers Behind the Rollback

According to industry experts and data compiled by the Department of Energy (DOE), the price drop stems from a significant decrease in the international LPG contract price. The global market adjustments are primarily driven by:

Easing Geopolitical Tensions: A recently signed memorandum of understanding between the United States and Iran has stabilized diplomatic relations, fueling market optimism and boosting confidence in Middle Eastern crude and gas supplies.

Plummeting Saudi Aramco Prices: The international contract price from Saudi Aramco plummeted by roughly $200 per metric ton, directly causing the ₱12-per-kilo decline in the domestic market.

Wider Relief in the Energy Sector

This massive LPG reduction trails closely behind a series of price cuts across liquid fuel lines. Last week, the DOE oversaw steep rollbacks for motorists, forcing diesel down by up to ₱11.04 per liter and gasoline down by up to ₱5.90 per liter.

Other local LPG players and members of the LPG Marketers' Association are expected to follow suit with their respective matching advisories within the day. Energy officials continue to monitor domestic retail stations to ensure that the global rollback values are passed on fully and accurately to Filipino consumers.