Oil firms are set to increase the price of gasoline while that of kerosene will be rolled back effective today.
In separate advisories, oil companies such as Chevron, Cleanfuel, Petro Gazz, PTT Philippines, Seaoil, and Shell said they will hike gasoline prices by P0.25 per liter.
Chevron, Seaoil, and Shell will slash kerosene price by P0.25 per liter.
Diesel price will remain stable for the week.
Last week, oil companies also implemented price rollback across their products.
Meanwhile, Petron and Solane liquefied petroleum gas (LPG) products have started implementing price increases yesterday.
Petron LPG prices rose by P2.96 per kilogram, while Solane-branded LPG also went up by P2.68 per kilogram.
The price hike will translate to P29.48 to P32.56 increase in the prices of a regular 11-kilogram LPG cylinder.
The adjustments reflect movements in global fuel prices this week and international contract prices of LPG for the month of February.*PNA