FUEL prices went up Tuesday for the second straight week.
Pump prices increase for 2nd 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.052298.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.
- LPA over West PH Sea develops into tropical depression, now called ‘Jacinto’ -- Pagasa
- Former PNP chief Torre III offered new government post
- PAL plane bound for Osaka returns to Manila due to 'emergency' situation
- Two foreigners face trafficking complaint in Pasay City
- UN force in Lebanon slams Israeli drone attack on peacekeepers
- Putin tells Xi China-Russia ties are at 'unprecedented level'
- Sotto takes oath as Senate president
- Comelec to resume BARMM polls ballot printing Thursday
- Immigration bureau declares war on fake Filipinos and illegal workers
- Supreme Court urged to act on fake complaints
