Fuel prices to go up anew amid US-Iran conflict

MANILA: Fuel companies in the Philippines are set to conduct another round of price hikes on all their products at the pump this week — all by more than P1 per liter.

The latest string of price increases shall take place days after the United States and Israel bombed Iran since Saturday.

Other stories: GAC GS8 to get HEV variant Denza D9 makes official PH debut Bajaj 2-wheelers enter PH

 

Based on their respective advisories, Caltex, Cleanfuel, Petron, Seaoil, and Unioil announced that they will jack up the retail prices of gasoline by P1.90 per liter and diesel by P1.20 per liter. Aside from that, the price of kerosene will go up by P1.50 per liter.

Here’s what they look at a glance.

Product	Adjustments (Peso per liter)
Gasoline	P1.90 (increase)
Diesel	P1.20 (increase)
Kerosene	P1.50 (increase)

Last week, companies already added P1.20 per liter on gasoline, P0.60 per liter on diesel, and P1.20 per liter on kerosene.

With newest movements set to take effect tomorrow (March 3), the pricing on the aforementioned pump products will have had the following increases since the start of 2026:

• Gasoline: P6.70 per liter
• Diesel: P9.40 per liter
• Kerosene: P7.70 per liter

Also read:

Fuel players jack up pump prices anew

Fuel prices continue upward trend

Oil firms to close 2025 with fuel price hikes

Like and follow us on our social media pages:

Facebook: https://www.facebook.com/CarmudiPH

Instagram: https://www.instagram.com/carmudiph/?hl=en

Tiktok: https://www.tiktok.com/@carmudiph

Youtube: https://www.youtube.com/@CarmudiPhilippines