Motorists will have to pay more for fuel this week, as retailers on Monday announced a price hike following the rollback implemented last Tuesday.
In separate advisories, Chevron Philippines Inc. (Caltex), Seaoil Philippines Corp. and Shell Pilipinas Corp. said they will increase prices per liter of gasoline and diesel by P0.80, and kerosene by P0.10.
Cleanfuel and Petro Gazz will implement the same changes, excluding kerosene which they do not carry.
The adjustments will take effect at 6 a.m. on Tuesday, February 18, for all the firms except for Cleanfuel which will hike prices at 4:01 p.m. the same day.
Other firms have yet to make similar announcements for the week.
The Department of Energy-Oil Industry Management Bureau (DOE-OIMB) earlier projected pump price hikes for this week, citing the tensions in Middle East, along with the intensifying sanctions of the United States to Iran and Russia.
Retailers last week rolled back prices per liter of gasoline and diesel by P0.10 each, and kerosene by P0.30.
Year-to-date adjustments stood at a net increase of P2.65 per liter for gasoline, P4.80 per liter for diesel, and P4.80 per liter for kerosene as of January 28, 2025.
