OIL PRICE WATCH as of May 27, 2026

MANILA, Philippines – Motorists were met with another round of fuel price hikes this week as oil companies implemented adjustments driven by movements in the global oil market. The latest increase added to the growing burden on commuters, transport operators, and consumers already grappling with rising costs of basic goods. Industry players said the upward adjustment was influenced by higher international crude prices amid supply concerns and ongoing geopolitical tensions abroad. READ: Fuel price hikes set on May 26 Below are prevailing oil prices monitored and gathered by INQUIRER team as of Wednesday, May 27, 2026:...

Keep on reading: OIL PRICE WATCH as of May 27, 2026