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: Survey: Fuel shock leaves 4 in 10 Filipinos struggling
Article continues after this advertisement
Motorists are advised to monitor official announcements as final price movements may still change depending on global trading in the coming days.
For now, here are the prevailing oil prices monitored and gathered by the INQUIRER team on Labor Day.




READ NEXT
EDITORS' PICK