FUEL prices went up Tuesday for the second straight week.
The per-liter price of gasoline increased by 70 centavos, diesel by P1, and kerosene by 70 centavos.
The increase was attributed by sources in the local oil industry to oil-related global developments, specifically concerns of supply disruptions after Russia and Ukraine intensified their attacks on each other’s energy infrastructure, the possible impact on supply flows and global economy of the new US tariffs on India, signals from US Federal Reserve of an interest rate cut, and a large drawdown in US crude and fuel inventories.
Pump prices increase for 2nd straight week, This news data comes from:http://sd-wo-nvoc-vup.yamato-syokunin.com
Last week, pump prices of gasoline went up by 70 centavos, diesel by 50 centavos, and kerosene by 30 centavos.
Pump prices increase for 2nd straight week
Since January, the price of gasoline has risen by P12.80 per liter, diesel by P13.35 per liter, and kerosene by P2.75 per liter.
- 2 LPAs monitored inside PAR, bringing rain to Luzon
- Marcos signs laws declaring holidays across PH
- House tackles P881B public works budget amid flood control anomalies
- PH Defense chief slammed for 'bad mouthing' China
- International media protest over journalist deaths in Gaza
- Gomez-Estoesta named court administrator by Supreme Court
- Heavy rain causes flooding, landslides and 8 deaths in Vietnam and Thailand
- Marcos to youth: Help in nation-building
- New Quezon City judge to oversee Dengvaxia vaccine cases, sets hearing
- A summit and parade in China may signal a geopolitical shift
