Major price hike set for 1st week of Feb.
MANILA: Another major price hike for products at the pump is set to take place tomorrow.
KEY TAKEAWAYS
How much are the adjustments on local oil prices this week?
Fuel companies increased the price of gasoline by P0.80 per liter and diesel by P1.60 per liter. Meanwhile, the cost of kerosene increased by P1.10 per liter.When will the movements in the pricing take place?
The price movements will take effect tomorrow, February 3, 2026.Per the respective updates of Caltex, Cleanfuel, Unioil, and Seaoil the price of gasoline will increase by P0.80 per liter and diesel by P1.60 per liter. Meanwhile, the cost of kerosene will jump by P1.10 per liter.
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The said adjustments for the prices will take effect tomorrow (February 3). Here is what they look like at a glance:
|
Product |
Price adjustment (in Peso per liter) |
|
Gasoline |
P0.80 (increase) |
|
Diesel |
P1.60 (increase) |
|
Kerosene |
P1.10 (increase) |
Photo from Ruben Manahan IVLast week’s movement
Last week, the cost of products at the pump increased. Below are the updates that took effect on January 27, 2026
|
Product |
Price adjustment (in Peso per liter) |
|
Gasoline |
P1 (increase) |
|
Diesel |
P2 (increase) |
|
Kerosene |
P1.50 (increase) |
Also read:
Fuel price continues upward trend
Oil firms to close 2025 with fuel price hikes
Major pump price slides set this week
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