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://wse-yrlf-dlu-srko.gyglfs.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.
- AFP: It would take more than a tugboat to tow BRP Sierra Madre from Ayungin Shoal
- Search for survivors after Afghan earthquake kills 800
- Mayor Sotto slams Discayas, cites lies, ghost firms, and kickback allegations
- What to know about Indonesia's nationwide unrest over lawmakers' perks
- China criticizes Canadian, Australian warships transiting Taiwan Strait
- Group presses DA on delayed fertilizer subsidies
- Vico encourages citizens on Heroes’ Day to be brave
- Senate cites former Bulacan assistant district engineer in contempt
- 11 foreigners killed in Portugal funicular crash
- Most Filipinos distrust China, see it as biggest threat — OCTA survey
