Price Tracker: Oil, fuel monitor for Oct. 27 – Nov. 2, 2026
Motorists can expect mixed price adjustments this week, with diesel and kerone products becoming more expensive, and a slight rollback in gasoline prices.
Motorists in the Philippines can anticipate a decrease in gasoline prices this week, although diesel and kerosene products will see an increase. The Department of Energy announced on Monday that oil and fuel product prices are experiencing a mixed trend, with smaller changes than previously forecasted. The Department attributes the fluctuation in domestic prices to supply pressures stemming from the ongoing conflict in the Middle East.
Saudi Arabia has recently formed a partnership with Singapore to store crude at Jurong Rock Caverns in mid-2027, aiming to improve the oil supply chain in Southeast Asia. This agreement is expected to impact the new price adjustments, which will come into effect at 6 a.m. on Tuesday, and will remain in place until Monday, November 2, 2026.
It is important to note that prices may vary depending on the location and the specific gas station. The estimated new prices for local oil and fuel products from October 27 to November 2, 2026, have been provided by the Department of Energy.
Written by urgent.news from Philippine Star Business's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
