# Worst-case scenarios based on ‘extreme assumptions’ |  Ada Pelonia

> Philippine bank economists warn inflation could exceed 8% in November and December due to transport fares, electricity rates, wages, and high global oil prices. The article also cites El Niño risks to food supply. Other items in the piece cover unrelated business and social news.

- Date: 2026-11-01 · published 2026-11-02T00:13:14.362Z
- Category: macro · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/74360-worst-case-scenarios-based-on-extreme-assumptions-ada-pelonia
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Stubbornly high oil prices and El Niño threats to food supply support firmer feed and energy costs for Philippine buyers. The piece is a macro outlook rather than a direct commodity supply event.

## Read by commodity

- WTI: bullish ▲
- BRENT: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2019-01-13 | [Rupee nosedives as Asia's worst after earlier steady gains \| The National](https://feedsoft.ai/events/61358-rupee-nosedives-as-asia-s-worst-after-earlier-steady-gains-the-national.md) | +4.2% | +2.4% |
| WTI | 2016-12-01 | [C$ strengthens as oil extends rally on OPEC deal](https://feedsoft.ai/events/73708-c-strengthens-as-oil-extends-rally-on-opec-deal.md) | +0.8% | +8.8% |
| WTI | 2026-05-27 | [Tight Stocks, Wide Ranges: 2026 Crop Price Scenarios - American AgCredit](https://feedsoft.ai/events/19275-tight-stocks-wide-ranges-2026-crop-price-scenarios-american-agcredit.md) | -0.2% | -26.3% |
| WTI | 2022-05-01 | [The perfect storm - Bank of Canada](https://feedsoft.ai/events/41648-the-perfect-storm-bank-of-canada.md) | +4.9% | +9.9% |
| WTI | 2021-09-30 | [C$ turns weaker as dour Bank of Canada offsets oil surge](https://feedsoft.ai/events/45276-c-turns-weaker-as-dour-bank-of-canada-offsets-oil-surge.md) | +3.5% | +10.2% |
| BRENT | 2016-12-01 | [C$ strengthens as oil extends rally on OPEC deal](https://feedsoft.ai/events/73708-c-strengthens-as-oil-extends-rally-on-opec-deal.md) | +6.6% | +12.9% |
| BRENT | 2020-10-30 | [Crude futures rise on ECB stimulus expectations, robust US economic data \| S&P Global](https://feedsoft.ai/events/50820-crude-futures-rise-on-ecb-stimulus-expectations-robust-us-economic-data-s-and-p.md) | +8.3% | +27.9% |
| BRENT | 2022-05-30 | [Price connection strengthens between canola, crude oil](https://feedsoft.ai/events/41512-price-connection-strengthens-between-canola-crude-oil.md) | +2.0% | -4.2% |

## Sources

- businessmirror.com.ph: https://businessmirror.com.ph/2026/04/01/worst-case-scenarios-based-on-extreme-assumptions/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.