Renew Insurance

PH oil players to close Feb. 2023 with price rollbacks

fuel pump

Following the oil price hike last week, local fuel players are set to close the month of February with an across-the-board price reduction.

KEY TAKEAWAYS

  • What companies announced the price adjustment for February 28, 2023?

    Fuel companies namely Caltex, Cleanfuel, Petron, Seaoil, and Unioil announced that they will implement the price adjustments for tomorrow.

  • How much are the fuel price adjustments for February 28, 2023?

    Companies will reduce P.70 per liter on gasoline, P1.30 per liter on diesel, and P1.80 per liter on kerosene.

    • Based on their respective advisories today (Monday), Caltex, Cleanfuel, Petron, Seaoil, and Unioil will trim down the price of gasoline products by P0.70 per liter and diesel by P1.30 per liter.

    Meanwhile, many of the aforementioned brands shall also trim down the price of kerosene by P1.80 per liter.

    Other oil firms are expected to show similar price movements.

    The adjustment on prices will begin at 12:01 a.m. of February 28, 2023.

    This follows the retail price change last February 21 wherein fuel companies added P0.90 per liter on gasoline products as well as P1.05 per liter on diesel while cutting down the pump price of kerosene by P0.25 per liter.

    Photos from Ruben Manahan IV

    Also read:

    Oil firms to cut down at least P2/L on diesel, kerosene on Valentine's Day

    PH oil players raises pump prices by more than P2/liter

    Oil firms add less than P1/L to gasoline, diesel pump price today

    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
    • GAC Int'l PH launches GN6, E8 HEV, GN8 PHEV
      GAC Int'l PH launches GN6, E8 HEV, GN8 PHEV
      Cesar Miguel . Today
    • Updated BYD Seal 5 DM-i covers more than 2.1K km on a single full tank
      Updated BYD Seal 5 DM-i covers more than 2.1K km on a single full tank
      Cesar Miguel . Today
    • BYD Cars PH launches all-new Atto 2, updated Seal 5 DM-i
      BYD Cars PH launches all-new Atto 2, updated Seal 5 DM-i
      Cesar Miguel . Jul 28, 2026
    • GAC partners with TV5, Cignal TV to promote PH sports
      GAC partners with TV5, Cignal TV to promote PH sports
      Cesar Miguel . Jul 28, 2026
    • Nissan to supply GEN4 powertrains to Andretti Formula E
      Nissan to supply GEN4 powertrains to Andretti Formula E
      Paulo Papa . Jul 28, 2026
    • Wheel-to-wheel: Denza B5 vs GWM Haval H7
      Wheel-to-wheel: Denza B5 vs GWM Haval H7
      Paulo Papa . Today
    • All-electric crossover duel: Jaecoo J5 EV vs. BYD Atto 3
      All-electric crossover duel: Jaecoo J5 EV vs. BYD Atto 3
      Cesar Miguel . Jul 28, 2026
    • Geely EX5 EM-i vs other PHEV crossovers
      Geely EX5 EM-i vs other PHEV crossovers
      Paulo Papa . Jul 23, 2026
    • This Toyota Corolla Cross HEV proves xEVs are more than just A-to-B cars
      This Toyota Corolla Cross HEV proves xEVs are more than just A-to-B cars
      Cesar Miguel . Jul 20, 2026
    • Plush people carrier skirmish: Hyundai Staria HEV vs. BYD eMAX 9 DM-i
      Plush people carrier skirmish: Hyundai Staria HEV vs. BYD eMAX 9 DM-i
      Cesar Miguel . Jul 20, 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
    • First impressions: Geely EX2
      First impressions: Geely EX2
      Cesar Miguel . Jun 18, 2026
    • 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