Manila: Caltex has announced another increase in fuel prices, set to take effect at 6:01 a.m. this Thursday. The oil company, marketed by Chevron Philippines, will implement a PHP0.20 per liter increase for gasoline, a PHP0.35 per liter rise for diesel, and a PHP0.20 per liter hike for kerosene.

According to Philippines News Agency, this marks the second time within the same week that Caltex has adjusted its prices. The decision comes as oil firms continue to respond to ongoing developments in the international market, which have been influencing fuel costs for several weeks.