Prices of petroleum products are set to change for the week of June 2 to 8, 2026, as global oil market movements continue to affect domestic fuel prices.
The Department of Energy said the latest adjustments are influenced by fluctuations in international crude oil prices, with ongoing developments in the Middle East contributing to concerns over global supply and market stability.
Global supply and demand conditions, along with geopolitical tensions, remain key factors behind the movement of petroleum product prices in the local market.
The DOE said it continues to monitor international oil market developments that may affect the country’s fuel supply and energy security.
It also said it is coordinating with industry stakeholders to help ensure adequate petroleum supply and protect consumers from the impact of fuel price volatility.
The agency said its monitoring efforts form part of broader measures to strengthen the country’s energy resilience amid continuing uncertainty in the global oil market.