MANILA, Philippines — Oil companies said on Monday that fuel prices will go up again this week as the global market reacted to geopolitical tensions and the increase in oil demand by countries experiencing winter.
Shell, Seaoil, Cleanfuel and Petrogazz said that gasoline prices will go up by P0.60 per liter and diesel by P1.00 per liter.
The cost of kerosene will be raised by P0.60 per liter.
The price adjustments will take effect on February 10, 2026.
Last week, gasoline prices went up by P0.80 per liter, diesel by P1.60 per liter, and kerosene by P1.10 per liter.