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.
Pump prices increase for 2nd straight week
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., This news data comes from:http://aichuwei.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.
- Malacañang hits back at VP Duterte's criticism on flood scam probe
- Red Cross head says mass evacuation of Gaza City 'impossible'
- Humanoid robots showcase skills at Ancient Olympia. But they're on a long road to catch up to AI
- Iran says open to US nuclear talks, rejects missile curbs
- Pagasa sees cyclone-free week across PH
- Escudero says new lease law to make PH more appealing to investors
- Philippines calls for Gaza ceasefire amid humanitarian crisis
- Marcos orders lifestyle checks on all government officials amid flood control probe
- Comelec delays implementation of decision disqualifying Duterte Youth Party-List
- Hontiveros pushes P15,000 salary hike for teachers
