The Philippines is set to receive 900,000 barrels of diesel in April, the Department of Energy (DOE) announced, as authorities monitor fuel supply amid rising prices and global market volatility.

Energy Secretary Sharon Garin said in a press briefing that deliveries will be staggered: 300,000 barrels from Malaysia and Singapore at the start of April, and 300,000 barrels each from India and Oman in mid- and late April.

The shipments aim to strengthen the country’s fuel inventory, which has increased to an average of 50.94 days from 45 days previously.

Garin emphasized that the procured government fuel will serve as a reserve, ensuring sufficient supply in case of delivery shortages from oil companies.

She explained that distribution will still go through existing oil companies, as they possess the necessary infrastructure and storage facilities. The DOE is set to release guidelines on the sale and distribution of this reserve fuel, expected by tomorrow or Friday.

The DOE also announced oil price adjustments for the upcoming Holy Week. Diesel may reach around P145 per liter, while diesel plus could climb to over P153 per liter. Kerosene prices may go beyond P169 per liter, and gasoline could increase by up to P114 per liter, depending on the type.

The price adjustments reflect higher global oil costs, local supply challenges, and continued volatility in the international energy market, including tensions in the Middle East.

The incoming diesel shipments and the government’s reserve fuel are expected to provide a buffer for essential sectors such as transport, logistics, and agriculture, helping to mitigate supply disruptions.