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Philippine gasoline, diesel and kerosene prices were expected to fall the following week, with projected reductions of 10.20, 3.50 and 3.60 pesos per litre, respectively. The drop in Singapore fuel benchmarks was linked to lower world-market prices and reduced fears of further escalation in the Iran conflict after the US midterm results.
Lower fuel prices can reduce transport and operating costs for feed buyers. The anticipated rollbacks signal bearish near-term pressure on refined fuels and crude markets.
philstar.comAlyana UyNov 6, 2026After 51 past bearish geopolitics events, ULSD / Diesel moved a median -2.4% over 5 sessions (37% higher; middle half -8.2% to +3.9%), and -2.3% over 20.
After 255 past bearish geopolitics events, Crude Oil (WTI) moved a median -2.4% over 5 sessions (31% higher; middle half -7.0% to +1.7%), and -5.0% over 20.
After 250 past bearish geopolitics events, Crude Oil (Brent) moved a median -3.1% over 5 sessions (36% higher; middle half -7.9% to +1.6%), and -5.5% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
