Oil price uptrend continues in Feb.

Oil companies continue to jack up the price of their products at the pump to welcome the Chinese New Year.

In their respective announcements, Petron, Caltex, Cleanfuel, Seaoil, Total Philippines, Unioil and PTT Philippines said that they will raise the price of gasoline and diesel by P0.75 per liter each.

Many of the abovementioned firms will also increase the retail price of kerosene by P0.45 per liter.

Other companies are expected to follow suit.

Including the adjustment for tomorrow, the total amount of price hike on products at the pump up will be as follows:

• Gasoline: P5.70 per liter
• Diesel: P7.95 per liter
• Kerosene: P7.2 per liter

Photos from Ruben D. Manahan IV 

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