The Department of Energy-Mindanao Field Office (DOE-MFO) has confirmed that prevailing retail prices for gasoline, diesel, kerosene, and LPG in Davao City will stay unchanged until August 31, 2026. The decision follows recent random monitoring conducted by the agency.
The price freeze aims to provide stability for consumers and businesses in the region. Officials stated that the current pricing structure remains aligned with market conditions and regulatory guidelines. No immediate changes are expected, ensuring continued affordability for essential fuels.
The DOE-MFO emphasized that the extended period allows for further market analysis and policy adjustments. Local traders and residents have welcomed the decision, citing relief from frequent price fluctuations. The policy applies to all authorized retailers operating within Davao City.
No new regulations or adjustments are planned before the deadline, according to the latest official statement.
