Fuel prices going up for 9th straight weekLocal industry sources indicated that diesel prices may climb by P0.40 to P0.60 per liter in the final week of February, while gasoline is likely to hold steady or edge up by P0.10 per liter. MANILA, Philippines — Diesel and kerosene prices are headed for a ninth consecutive increase next week as rising geopolitical tensions continue to threaten global oil supplies. Local industry sources indicated that diesel prices may climb by P0.40 to P0.60 per liter in the final week of February, while gasoline is likely to hold steady or edge up by P0.10 per liter. Should gasoline prices end up higher next week, it will mark the seventh straight increase. Earlier this week, oil firms hiked prices of gasoline by P1.20 per liter and diesel and kerosene by P0.60 per liter.

Source: Philippine Star February 20, 2026 16:30 UTC