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, This news data comes from:http://www.gangzhifhm.com
Last week, pump prices of gasoline went up by 70 centavos, diesel by 50 centavos, and kerosene by 30 centavos.
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.
- 4 policemen linked to sabungero case slapped with more administrative cases
- NKorea accuses South of ‘serious provocation’
- Makati earns high rating in anti-trafficking and violence assessment
- Cyclone's trough, habagat will bring cloudy skies, rain showers over PH
- PH, Australia commend ‘impressive’ joint sea drills
- Venezuela deploys warships, drones as US destroyers draw near
- Hontiveros urges probe on Chinese faking Filipino identity
- Gaza at 'breaking point,' says UN food agency chief after visit
- Arjo Atayde, Vice Ganda, Marian Rivera win top acting honors at 73rd FAMAS Awards
- Ukraine's children start new school year in underground classrooms to avoid Russian bombs
