First fuel price hike of March sees diesel rise by P1.50/liter, gas at P0.40
MANILA: Fuel businesses throughout the nation will raise the prices of their products at the pump this week after ending February with a rollback.
KEY TAKEAWAYS
How much oil prices rose today, Mar. 7, 2023?
Today, the cost of gasoline and diesel at the pump increased by P0.40 and P1.50, respectively. Kerosene prices also jump by P1.25 per liter in the meanwhile.Today, the cost of gasoline and diesel at the pump increased by P0.40 and P1.50, respectively. Kerosene prices also jump by P1.25 per liter in the meanwhile.
Caltex implemented the price hike on midnight Tuesday, while Petron and Shell have done the same from 6 a.m. onwards. Around the same time as the above fuel companies, Cleanfuel, Flying V, Petro Gazz, Phoenix, PTT Philippines, Seaoil, and Unioil followed the price change.
Motorists can modify their driving techniques to save fuel. They can opt for a fuel-efficient engine, lighten the load on their car, drive cautiously, keep in mind that speed affects fuel consumption, check the tire pressure in their car, lower the windows, turn off the air conditioning, and combine their journeys.
Photo from Chevron Philippines, Inc.
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