PRICES of petroleum products will increase on Tuesday, January 24, 2023, firms announced on Monday, January 23.

In an advisory, Pilipinas Shell, Seaoil, Caltex and Cleanfuel said there will be a P2.80 per liter increase on prices of gasoline, P2.25 per liter on diesel and P2.40 on kerosene.

Caltex will implement the price adjustment at 12:01 a.m., Clean Fuel at 4:01 a.m. and Pilipinas Shell and Seaoil at 6 a.m.

The price increase is the third time for the year. (SunStar Philippines)