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
    • In 8 pictures: Isuzu PH introduces the updated D-Max
      In 8 pictures: Isuzu PH introduces the updated D-Max
      Cesar Miguel . Jun 04, 2026
    • Honda Cars PH highlights electrified models at PIMS 2026
      Honda Cars PH highlights electrified models at PIMS 2026
      Paulo Papa . Jun 04, 2026
    • VinFast highlights EV ecosystem at maiden PIMS appearance
      VinFast highlights EV ecosystem at maiden PIMS appearance
      Paulo Papa . Jun 04, 2026
    • In 7 pictures: Subaru introduces all-new Crosstrek e-Boxer Hybrid for PH market
      In 7 pictures: Subaru introduces all-new Crosstrek e-Boxer Hybrid for PH market
      Cesar Miguel . Jun 04, 2026
    • In 5 photos: Toyota Land Cruiser 300 gets electrified in PH
      In 5 photos: Toyota Land Cruiser 300 gets electrified in PH
      Paulo Papa . Jun 04, 2026
    • Let’s explore the Lexus IS’s strengths, weaknesses
      Let’s explore the Lexus IS’s strengths, weaknesses
      Cesar Miguel . Jun 03, 2026
    • Check out the 6 colors of the Geely EX5 EM-i
      Check out the 6 colors of the Geely EX5 EM-i
      Paulo Papa . Jun 02, 2026
    • 3 reasons to buy the BYD Sealion 7 EV
      3 reasons to buy the BYD Sealion 7 EV
      Cesar Miguel . May 29, 2026
    • Here are the Dongfeng Vigo’s strengths, weaknesses
      Here are the Dongfeng Vigo’s strengths, weaknesses
      Cesar Miguel . May 27, 2026
    • 3 reasons to be excited about the Toyota Land Cruiser FJ
      3 reasons to be excited about the Toyota Land Cruiser FJ
      Cesar Miguel . May 26, 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