OIL PRICE WATCH as of April 17, 2026

MANILA, Philippines – The sustained high oil prices are expected to keep pressure on inflation and weigh on financial markets, with ripple effects likely to be felt across transport, food, and other essential goods. Before the conflict escalated on Feb. 28, Brent crude had traded at around $72 per barrel. It then surged past $100 and briefly peaked close to $120, underscoring the supply shock triggered by disruptions in the Strait of Hormuz. Below are the pump prices of diesel and gasoline in different parts of the country as of Firday, April 17, 2026.... Keep on reading: OIL PRICE WATCH as of April 17, 2026

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