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.
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., This news data comes from:http://www.erlvyiwan.com
- Filipino member of AHOP K-pop group says Manila concert a dream come true
- India to cut taxes on hundreds of consumer goods to boost local demand following steep US tariffs
- Vico encourages citizens on Heroes’ Day to be brave
- 25 countries suspend postal services to US over tariffs – UN
- Public Works Chief Vince Dizon demands courtesy resignations to 'clean house'
- Marcos lauds Alex Eala’s win in Guadalajara
- Trump rebrands Department of Defense as 'Department of War'
- DMW: 19 distressed OFWs return home from Jeddah
- Sotto willing to testify in Senate probe of flood control anomalies if summoned
- Konektadong Pinoy Bill has lapsed into law — Palace
