OIL PRICE WATCH as of April 24, 2026

MANILA, Philippines – Motorists face fresh fuel price adjustments this week as oil companies implemented new oil prices, even as the government warned of strict penalties for firms that violate newly imposed limits under the national energy emergency. The Department of Energy (DOE) said the latest price movements come amid continued volatility in global oil markets driven by tensions in the Middle East. However, Energy Secretary Sharon Garin stressed that price increases are now subject to government-prescribed caps, while rollbacks may also be mandated to ensure fair pricing for consumers. READ: Hefty fine awaits oil firms defying price orders Below […]... Keep on reading: OIL PRICE WATCH as of April 24, 2026

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