Fuel prices rise for third successive week today

MANILA: Starting on Tuesday, January 31, the cost of gasoline, diesel, and kerosene at the pump will rise by at least P1 per liter. It will be the third consecutive week that fuel prices will rise.

Petron, Seaoil, Petro Gazz, PTT Philippines, Flying V, Cleanfuel, Caltex, Phoenix Petroleum Philippines, and Unioil have all issued advisories that gasoline prices will increase by P1.30 per liter and diesel prices by P1.00 per liter starting at six in the morning. on Jan. 31.

Caltex, Flying V, Seaoil, and Petron also implemented a P1.35 per liter increase in kerosene prices.

In its price monitor update from last January 17, the Department of Energy stated that overall adjustments for 2023 stood at a net increase of P3.10 per liter for gasoline, a net hike of P0.80 per liter for kerosene, and a net increase of P0.20 per liter for diesel.

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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