There will be an increase in the price of petroleum products starting Tuesday, February 23, according to oil companies.
Shell, Cleanfuel, Seaoil, Petro Gazz, Caltex, and PTT Philippines have announced that they will increase the price of gasoline by P1.20 per liter and diesel by P0.95 per liter.
Shell and Seaoil will also implement a P1 price hike per liter of kerosene. Caltex’s kerosene price is said to be 1.05 higher.
New prices are effective at 6 AM except for Caltex which will implement at 12:01 AM and Cleanfuel which will change at 4:01 PM.