MANILA, Philippines — Oil companies will raise their pump prices again on Tuesday, February 3, as the global market reacted to geopolitical tensions and the increase in oil demand due to the winter season.
Shell, Cleanfuel, Seaoil, and Petrogazz said that gasoline prices will go up by P0.80 per liter, and diesel by P1.60 per liter.
The cost of kerosene will increase by P1.10 per liter.
This will be the third straight week of price increases.
Last week, gasoline prices went up by P0.40 per liter, diesel by P1.40 per liter, and kerosene by P0.80 per liter.
