Renew Insurance

Oil players to implement pump price hike on gasoline this week

fuel pump

Oil players in the Philippines shall implement mixed movements on the pricing of their products at the pump this week.

KEY TAKEAWAYS

  • How much are the fuel adjustments for March 5, 2024?

    Oil companies are set to raise the retail prices of gasoline by P0.50 per liter, but will cut down P0.40 per liter on gasoline and P0.35 per liter on kerosene.

  • When will the price adjustments take effect?

    The said movements shall become effective as early as 12:01 a.m. of March 5, 2024.

    • Per their respective advisories, Caltex, Cleanfuel, Petron, and Seaoil are set to raise the retail price of gasoline products by P0.50 per liter but will trim down P0.40 per liter on diesel.

    Aside from that Caltex, Petron, and Seaoil will also reduce P0.30 per liter on kerosene’s pump price.

    Fuel station

    The aforementioned adjustments shall take effect as early as 12:01 a.m. tomorrow (March 5). Other companies are expected to conduct similar movements.

    Last February 27, local players rolled back the prices of gasoline by P0.70 per liter, diesel by 0.95 per liter, and kerosene by P1.10 per liter.

    Photos by Ruben Manahan IV

    Also read:

    More than P1/L oil price hike to be implemented this week

    Gas retail price hike to breach P1/L this week

    Fuel prices to go up for 2nd straight week tomorrow

    Read All

    Featured Articles

    Recommended Articles For You

    Read All

    You Might Also Be Interested In

    • Advice
    • Financing
    • Insurance

    Featured Cars

    • Upcoming

    Car Articles From Zigwheels

    • News
    • Article Feature
    • Advisory Stories
    • Road Test
    • In 8 pictures: GAC International PH launches Aion UT
      In 8 pictures: GAC International PH launches Aion UT
      Cesar Miguel . Today
    • Deepal puts up flagship dealership in PH
      Deepal puts up flagship dealership in PH
      Cesar Miguel . Today
    • Hyundai Motor gets 6th consecutive Nürburgring win
      Hyundai Motor gets 6th consecutive Nürburgring win
      Paulo Papa . Today
    • PH auto dealers group Apr. 2026 YTD sales breach 133K-unit mark
      PH auto dealers group Apr. 2026 YTD sales breach 133K-unit mark
      Ruben Manahan IV . Today
    • BMW i3, iX3 could soon power homes in Germany
      BMW i3, iX3 could soon power homes in Germany
      Paulo Papa . Today
    • Check out the Toyota bZ4X's 4 electrifying tones
      Check out the Toyota bZ4X's 4 electrifying tones
      Paulo Papa . May 20, 2026
    • Check out the MG G50 PHEV’s strengths, weaknesses
      Check out the MG G50 PHEV’s strengths, weaknesses
      Cesar Miguel . May 19, 2026
    • Check out the VinFast VF MPV 7’s closest competitor
      Check out the VinFast VF MPV 7’s closest competitor
      Cesar Miguel . May 18, 2026
    • How did ‘Morizo’ start in motorsports?
      How did ‘Morizo’ start in motorsports?
      Ruben Manahan IV . May 18, 2026
    • Check out the Jaecoo J5 SHS-S’ similarly-sized rivals
      Check out the Jaecoo J5 SHS-S’ similarly-sized rivals
      Cesar Miguel . May 14, 2026
    • Tips on how to prevent vehicle fires
      Tips on how to prevent vehicle fires
      Cesar Miguel . Mar 17, 2026
    • How to prepare your car for summer
      How to prepare your car for summer
      Cesar Miguel . Mar 11, 2026
    • Avoid road trip horror stories this 'Undas' with these tips
      Avoid road trip horror stories this 'Undas' with these tips
      Ruben Manahan IV . Oct 20, 2025
    • Here are ways to avoid road rage
      Here are ways to avoid road rage
      Paulo Papa . Sep 23, 2025
    • How well do you understand traffic signs?
      How well do you understand traffic signs?
      Cesar Miguel . Sep 09, 2025
    • ELECTRIA: VinFast VF 6 is a well-equipped urban warrior
      ELECTRIA: VinFast VF 6 is a well-equipped urban warrior
      Cesar Miguel . Apr 20, 2026
    • BYD DM-i lineup conquers Southern Luzon
      BYD DM-i lineup conquers Southern Luzon
      Cesar Miguel . Mar 10, 2026
    • Hyundai Creta Premium: balancing engaging drive,comfort
      Hyundai Creta Premium: balancing engaging drive,comfort
      Cesar Miguel . Feb 13, 2026
    • First drive: 4th-gen Changan CS55 Plus
      First drive: 4th-gen Changan CS55 Plus
      Paulo Papa . Feb 09, 2026
    • Changan CS15: small upgrades makes the difference
      Changan CS15: small upgrades makes the difference
      Cesar Miguel . Feb 06, 2026