OIL PRICE WATCH as of May 1, 2026

MANILA, Philippines — Motorists may soon face another round of fuel price hikes, with the Department of Energy (DOE) signaling a possible increase in pump prices next week. Industry estimates suggest diesel prices could rise by around P0.20 to P0.40 per liter, while gasoline may also post an increase, reversing recent weeks of rollbacks. READ: