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.
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://xs888999.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.
- Tariffs, migration and cartels will top Rubio's talks in Mexico and Ecuador this week
- DoJ to begin preliminary investigation into missing cockfighting enthusiasts
- Trough of LPA, ‘habagat’ will bring rain showers, thunderstorms across PH
- Gloria Arroyo files bill to empower Office of the Vice President
- Comelec defers BARMM district reconstitution
- Searchers retrieve bodies as Afghan quake toll seen to rise
- CFO office moves from Quezon City to Pasay
- COA launches sweeping audit of flood control projects
- Trump to blacklist countries for imprisoning Americans
- PH doesn't recognize Taiwan as sovereign state, stands by 'One China Policy' -- Foreign Affairs chief
