FUEL prices went up Tuesday for the second straight week.
Pump prices increase for 2nd 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., This news data comes from:http://iat.jyxingfa.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.
- ‘40% of Filipinos obese’
- Trump threatens Russia with sanctions after biggest aerial attack on Ukraine
- Comelec upholds cancelation of Duterte Youth registration
- Israeli protesters call for hostage deal ahead of cabinet meeting
- May 12 poll results accurate, credible - OCTA Research
- Indonesian police officer fired over killing that sparked protests
- Putin tells Xi China-Russia ties are at 'unprecedented level'
- 1 of 2 suspects in Pasay robbery, rape arrested
- Marcos embarks on three-day state visit to Cambodia
- Cayetano elected Senate minority leader; initial reorganization in committee chairmanships
