Oil companies implemented another round of price increases effective on Feb. 3, with Seaoil, Jetti Petroleum, Caltex, PTT Philippines and Petron announcing a hike per liter of P1.60 for diesel and P1.10 for kerosene.
This marked the sixth straight week of upward price adjustments for both products. Gasoline, on the other hand, also rose by 80 centavos per liter for its fourth consecutive weekly increase.