LPG prices rise effective February 1

Kiswahili

Prices of liquefied petroleum gas (LPG) rose on Sunday, February 1, following announcements of price hikes by LPG firms Petron and Solane on Saturday, January 31. Petron applied a P1.50 per kilogram increase, while Solane implemented a P1.55 per kilogram adjustment.

In Manila, Philippines, LPG companies raised prices in line with February's international LPG contract price adjustment. Petron's P1.50 per kilogram hike took effect at 12:01 a.m. on Sunday, while Solane's P1.55 per kilogram increase began at 6 a.m. the same day.
Media reports indicate that this adjustment reflects global contract changes for the month. In January, Petron had increased prices by P2.18 per kilogram, with Solane matching that amount.
This rise is part of routine LPG price fluctuations, impacting households that rely on it for cooking and daily needs. No direct quotes from the companies appear in reports, but the announcements stem from their official statements.

Makala yanayohusiana

Photorealistic image of a Colombian gas station displaying a 300-peso gasoline price cut, with joyful customers celebrating the government's announcement.
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Building on Minister Palma's recent confirmation of progress, the Colombian government will reduce regular gasoline by 300 pesos per gallon from February 1, 2026. Finance Minister Germán Ávila confirmed the move closes the Fuel Prices Stabilization Fund (FEPC) gap with international prices, easing consumer costs.

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