Gas Stations to Impose Oil Price Rollback This WeekFUEL PRICE UPDATE – Several gasoline stations in the country are set to impose an oil price rollback on Tuesday (August 4, 2026). As a result, global crude oil prices have shown signs of weakening, opening the door for lower local fuel prices. Hopes of improved conditions in the area have helped calm market fears and contributed to the decline in oil prices. If the rollback is implemented as projected, it will provide relief to consumers who have endured weeks of continuous fuel price hikes. RELATED POST: DOE Announces Another Oil Price Hike on July 28, 2026 (Tuesday)