# Philippine Stocks and Peso Recover as Global Oil Prices Fall After Middle East Tensions Ease - Manila Times

> The Philippine stock index rose 1.57 per cent to 6,334 and the peso strengthened beyond 61 per dollar as oil prices fell on easing Middle East tensions. The peso figure conflicts with other reports showing rates near 63-64.

- Date: 2026-11-02 · published 2026-11-02T21:14:20.218Z
- Category: market · region Philippines · magnitude low
- Page: https://feedsoft.ai/events/75991-philippine-stocks-and-peso-recover-as-global-oil-prices-fall-after-middle-east
- Commodities: [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md), [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

Lower oil prices ease import and freight costs for feed buyers, but the reported figures are inconsistent with other sources.

## Read by commodity

- WTI: bearish ▼
- BRENT: bearish ▼

## Sources

- manilatimes.com: https://manilatimes.com/philippine-stocks-and-peso-recover-as-global-oil-prices-fall-after-middle-east-tensions-ease

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