Oil prices to spike by more P1/L this week
Fuel increase to be implemented after last week's rollback
MANILA: Retail oil prices in the Philippines will be jacked up by more than P1 per liter this week.
KEY TAKEAWAYS
How much is the fuel adjustment for February 20, 2024?
Oil companies are set to raise the retail prices of gasoline by P1.60 per liter, diesel by P1.10 per liter, and kerosene by P1.05 per liter.When will the price adjustments take effect?
The said adjustments shall become effective as early as 12:01 a.m. of February 20, 2024.Based on their respective advisories, Caltex, Cleanfuel, Petron, Seaoil, and Unioil shall raise the price of gasoline pump prices by P1.60 per liter and diesel by P1.10 per liter.
In addition, Caltex, Petron, and Seaoil will add P1.05 per liter on kerosene pricing at the pump.
The movements, which other companies are expected to follow suit, shall commence as early as 12:01 a.m. tomorrow (February 20).
Last week, local oil players slashed P0.60 per liter on gasoline, diesel by P0.10 per liter, and kerosene by P0.40 per liter.
Photos by Ruben Manahan IV
Also read:
Gasoline prices to spike up by almost P3/L tomorrow
Diesel, kerosene price hikes for tomorrow barely misses P1/L mark
Sell your car at the best price
Verified and genuine buyers
Free listing
PIMS 2024
- Latest
- Popular
-
-
-
-
Let’s explore the Hyundai Creta's interiorCesar Miguel, Nov 20, 2024
-
Ford Ranger: masculine cabinPaulo Papa, Nov 20, 2024
-
Here are the VinFast VF 3's highs and lowsCesar Miguel, Nov 20, 2024
-
Ford Ranger Wildtrak 4X4: rugged, refinedPaulo Papa, Nov 19, 2024
-
MG One Lux: smooth operatorCesar Miguel, Nov 15, 2024
-
-
Electric Car: A comprehensive buying guidePurva Jain, Jul 01, 2024
-
-
-
-
BYD Cars PH rolls out Seal 5 DM-iPaulo Papa, Nov 21, 2024
-
-
-
Check out the Changan CS55 Plus' interiorCesar Miguel, Oct 16, 2024
-
Ford Ranger Raptor: pros and consCesar Miguel, Nov 12, 2024
-
BYD Sealion 6 DM-i: Long-range masterCesar Miguel, Sep 05, 2024
-
Purposefully practical: MG G50 PlusPaulo Papa, Sep 18, 2024
-
-
-
Electric Car: A comprehensive buying guidePurva Jain, Jul 01, 2024
You might also be interested in
- News
- Featured Stories
-
-
-
-
BYD Cars PH rolls out Seal 5 DM-iPaulo Papa, Nov 21, 2024
-
PGA Cars to conduct ‘High-End Weekend’Ruben Manahan IV, Nov 21, 2024
-
-
-
Here's what the public will see at PEVS 2024Paulo Papa, Oct 21, 2024
-
9th PIMS: What we know so farCesar Miguel, Oct 21, 2024
-
-
Honda e:HEV technology explainedRuben Manahan IV, Jul 11, 2024
-
Zeekr X: the 2 available trimsPaulo Papa, Jul 02, 2024
- Latest
- Upcoming
- Popular
-
BYD Seal 5 DM-i₱948,000 - 1.198 Million SRP Price ManilaMonthly Payments : ₱16,263 x 60Write a Review Get Exclusive Promos -
Tesla Model 3₱2.109 - 3.099 Million SRP Price ManilaMonthly Payments : ₱36,180 x 60Write a Review Model 3 Price
-
Tesla Model Y₱2.369 - 3.299 Million SRP Price ManilaMonthly Payments : ₱40,641 x 60Write a Review Model Y Price
-
-
-
Geely Coolray 2024₱1.199 - 1.299 Million Expected Price ManilaExpected Launch TBA Alert Me When Launched
-
Kia Carens 2024₱1.57 Million Expected Price ManilaExpected Launch Nov, 2024 Alert Me When Launched
-
-
-
-
Kia K2500₱1.21 - 1.307 Million SRP Price ManilaMonthly Payments : ₱20,758 x 604.28 (27 Reviews) Get Exclusive Promos
-
Suzuki S-Presso₱620,000 - 660,000 SRP Price ManilaMonthly Payments : ₱10,636 x 604.12 (56 Reviews) Get Exclusive Promos
-
Suzuki Ertiga Hybrid₱954,000 - 1.178 Million SRP Price ManilaMonthly Payments : ₱16,366 x 604.24 (17 Reviews) Get Exclusive Promos
-
Suzuki Jimny₱1.258 - 1.33 Million SRP Price ManilaMonthly Payments : ₱21,581 x 604.13 (71 Reviews) Get Exclusive Promos
-
Suzuki Dzire₱609,000 - 819,000 SRP Price ManilaMonthly Payments : ₱10,447 x 604.23 (52 Reviews) Get Exclusive Promos
Latest Car Videos on Zigwheels
-
2025 BYD Seal 5 DM-i First Look | Zigwheels.Ph21 Nov, 2024 .
-
2024 Toyota Zenix V Spec Guide | Zigwheels.Ph14 Nov, 2024 .
-
2024 GAC M6 Pro GL Review | Zigwheels.Ph14 Nov, 2024 .
-
7 Reasons Why Tesla is a Big Deal | Z-List S02E02 | Zigwheels.Ph14 Nov, 2024 .
-
Dream Garage Walkaround: The 2024 Nissan Z! | Zigwheels.Ph with Nissan Philippines05 Nov, 2024 .
-
Top 10 EVs with the Longest Ranges in the Philippines | Z-List S02E01 | Zigwheels.Ph05 Nov, 2024 .
-
2024 MG ZS First Look + More | Zigwheels.Ph05 Nov, 2024 .
-
2024 PIMS Launch Recap | Zigwheels.Ph05 Nov, 2024 .
-
2024 Lexus IS300H POV Driving Review | ZIGWHEELS.PH05 Nov, 2024 .
-
2025 Changan Hunter REEV First Look | Zigwheels.Ph with Changan Auto Philippines29 Oct, 2024 .
Car Articles From Carmudi
- journal
- advice
- financing
- insurance
-
MG Motor PH, Antara Ventures open Lipa dealershipRuben Manahan IV, Nov 21, 2024
-
SCTEX toll fee rates to go up tomorrowRuben Manahan IV, Nov 18, 2024
-
Pump prices to go down this weekRuben Manahan IV, Nov 18, 2024
-
BYD to introduce Denza in PH by 2025Ruben Manahan IV, Nov 18, 2024
-
BYD marks 30th anniversary with 10-millionth unit rolloutRuben Manahan IV, Nov 18, 2024
-
Save your clutch: 5 things manual drivers should never doCarmudi PH, Nov 15, 2024
-
Expired driver’s license: Answering the most common questionsCarmudi PH, Nov 13, 2024
-
Buying a used car? Here’s how a ccan help youCarmudi PH, Nov 06, 2024
-
All you need to know about the LTO Medical CertificateCarmudi PH, Nov 02, 2024
-
Buying a used car in the Philippines? Here’s how to dodge scamsCarmudi PH, Oct 16, 2024
-
How to negotiate the best interest rate for your car loanCarmudi PH, Nov 11, 2024
-
Top 15 banks for affordable car loans in the PhilippinesCarmudi PH, Oct 10, 2024
-
Car loans made simple for OFWs: Everything you need to knowCarmudi PH, Oct 03, 2024
-
Car Loan Restructure: Everything a Filipino needs to know before applyingCarmudi PH, Oct 02, 2024
-
Pitfalls to avoid when refinancing auto loan in the PhilippinesCarmudi PH, Sep 24, 2024
-
Reviewing Oona Car Insurance: Benefits, key features, cost and moreCarmudi PH, Nov 19, 2024
-
Reviewing SGI Car Insurance: Pros, cons, coverage options & moreCarmudi PH, Oct 31, 2024
-
No car insurance? Here’s what all wrong can happen in the PhilippinesCarmudi PH, Oct 29, 2024
-
All you need to know about taking photos after a car accident in the PhilippinesCarmudi PH, Oct 29, 2024
-
Here’s how to easily obtain car insurance quotes onlineCarmudi PH, Oct 23, 2024
