Fuel Prices Set for Another Increase on Tuesday
Motorists and consumers across the Philippines should brace for another round of fuel price hikes, as major oil companies have announced adjustments set to take effect on Tuesday, February 17, 2026. This marks a continued trend of rising petroleum costs, impacting transportation and daily expenses nationwide.
Details of the Price Adjustments
In separate advisories released on Monday, February 16, 2026, leading oil firms including Pilipinas Shell, Seaoil, Caltex, Cleanfuel, and Petrogazz confirmed the impending increases. Specifically, gasoline prices will see a significant rise of P1.20 per liter, while diesel and kerosene will each increase by P0.60 per liter. These adjustments are scheduled to be implemented starting at 6 a.m. on Tuesday, affecting all retail outlets and fueling stations across the country.
Impact on Consumers and the Economy
The price hike is expected to have widespread effects, as fuel costs directly influence various sectors of the economy. Higher gasoline prices will likely lead to increased transportation fares and logistics expenses, potentially driving up the prices of goods and services. Similarly, the rise in diesel prices could impact public utility vehicles and commercial transport, adding to operational costs for businesses and commuters alike. Kerosene, often used for heating and lighting in some areas, may also see increased household expenses.
This announcement follows previous increases in recent months, highlighting ongoing volatility in global oil markets and local pricing mechanisms. Experts advise consumers to plan ahead and consider energy-efficient practices to mitigate the financial strain. The oil companies have not provided specific reasons for this adjustment, but it is commonly linked to factors such as international crude oil prices, exchange rates, and local taxes.
As the new prices take effect, authorities are monitoring the situation to ensure compliance and address any potential market disruptions. The public is encouraged to stay informed through official channels and adjust their budgets accordingly to cope with the rising costs of petroleum products.
