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.
Pump prices increase for 2nd straight week, This news data comes from:http://www.ycyzqzxyh.com
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.
- Prince Harry to visit UK on anniversary of queen's death
- Japan pledges continued support for Philippine development projects
- COA probes Iqbal on spending of P1.7B in one day
- Manila mayor warns against mobs, orders police to maintain peace and order
- Bureau of Customs seeks missing luxury cars of contractor Sarah Discaya
- Comelec to open nearly two-year overseas voter registration for 2028 elections
- Peru’s ex-president Toledo gets a second sentence in the Odebrecht corruption scandal
- Macron's decision to recognize Palestinian state angers Israel and the US
- Guyana votes amid oil boom, Venezuela tensions
- President asks governor to expose irregularities in govt projects
