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
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, This news data comes from:http://yv-xlbs-auc-ppd.705-888.com
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.
- Need a pee? Japan has QR code for that
- Trump says he wants to meet North Korea's Kim again
- Wawao Builders exec ‘not sure’ if company has flood control project in Bulacan
- Australia's 'mushroom murderer' handed life in prison with parole
- Israeli protesters call for hostage deal ahead of cabinet meeting
- ERC amends net-metering rules to expand renewable energy options
- Sara mum, but brother thinks Torre removal due to PNP's 'internal conflicts'
- Oil firms to raise fuel prices this week
- Tensions soar in Indonesia as protests over police brutality and lawmakers' allowances continue
- Peace efforts in limbo as Kyiv mourns 23 dead
