MANILA, Philippines – Caltex will implement another round of fuel price increases at 6:01 a.m. on Thursday, the oil firm announced Wednesday.

In its advisory, Caltex said the prices of gasoline will go up by P0.20 per liter, diesel by P0.35 per liter, and kerosene by P0.20 per liter.

This marks the second time this week that Caltex, marketed by Chevron Philippines, has adjusted its fuel prices.

The latest increase comes amid continued global market developments that have been driving up oil prices in recent weeks. (PNA)