MANILA, Philippines —February is not off to a good start for consumers as the price of cooking gas climbed for the second month in a row.
In an advisory, Petron Corp. said it implemented an increase of P0.95 per kilogram in liquefied petroleum gas (LPG) prices on Thursday, Feb. 1.
This is equivalent to an increase of P10.45 per 11-kilogram tank.
“This reflects the international contract price of LPG for the month of February,” Petron said in its advisory on Thursday morning.
READ: DOE: LPG price freeze in Davao de Oro
Last month, consumers welcomed the new year with a hefty price increase of up to P3.45 per kilo, or P37.95 per tank.
Data from the Department of Energy show that prevailing LPG prices in Metro Manila as of end-2023 ranged from P875 to P1,060 per cylinder.