More than one peso would be added in petroleum products starting Tuesday, February 26, announced by oil companies.
Shell, Petro Gazz, Caltex and SEAOIL will add one peso and forty-five centavos (P1.45) in per liter of gasoline and diesel.
Shell, Caltex and SEASOIL will also impose one peso and thirty-five centavos (P1.35) increase in per liter of kerosene.
All of the changes in prices will be effective before 6 in the morning aside from Caltex which would later at midnight. This is the third consecutive week price increase in oil.