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.
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://www.705-888.com
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.
Pump prices increase for 2nd straight week
- Escudero says new lease law to make PH more appealing to investors
- Tokyo logs record 10 days of 35 C or higher
- ICC clears applications of 15 drug war victims to join proceedings vs Duterte
- Supreme Court urged to act on fake complaints
- DPWH exec fired, 2 others face dismissal over flood control mess
- Taylor Swift, Travis Kelce engaged
- Philippines calls for Gaza ceasefire amid humanitarian crisis
- VP Sara lauds Filipino heroes
- Floods kill over 30 in Indian-controlled Kashmir, displace 150,000 in east Pakistan
- Two dead as strong earthquake jolts Afghanistan
