FACT CHECK: Current forecasts for oil price surge do not reach P200 per liter

2026-03-16 - 10:04

Claim: Fuel prices in the Philippines can reach up to ₱200 per liter because of a drone attack that hit the state-owned Saudi Aramco oil refinery in Ras Tanura, Saudi Arabia. Rating: FALSE Why we fact-checked this: Several posts posted in the week of March 9, uploaded separately by three Facebook pages, are spreading the claim. As of writing, the most engaged post among the three had reached 50,000 reactions, 5,900 comments, and 16,000 shares. The posts continue to garner comments and shares. The caption in