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://erlvyiwan.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.
Pump prices increase for 2nd straight week
- NHA gives cash aid to families affected by calamity in Manila
- Marcos orders lifestyle checks on all government officials amid flood control probe
- Indonesian police officer fired over killing that sparked protests
- Most Filipinos distrust China, see it as biggest threat — OCTA survey
- ‘New NBI chief must be career official’
- SSS hails Marcos, Recto for initiating pension reforms, including one to be rolled out in Sept
- A suicide bombing near a political rally in southwestern Pakistan kills 13 and wounds 30
- Marcos signs laws creating more court branches
- Marcos inspects rock shed project in Benguet
- Bersamin letter proves Torre reassignments ‘valid’
