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., This news data comes from:http://hqiw-jo-ef-vr.gyglfs.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.
- Govt eyes charges vs Discayas over 'unfinished' PH Film Heritage Building
- DOTr denies ordering shutdown of online selling platforms
- Gaza at 'breaking point,' says UN food agency chief after visit
- LBC Express Holdings top executive to retire in Oct.
- Floods kill over 30 in Indian-controlled Kashmir, displace 150,000 in east Pakistan
- COA probes Iqbal on spending of P1.7B in one day
- DILG denies claims ex-PNP chief ousted over firearms purchase
- Comelec en banc upholds cancelation of Duterte Youth Party-List registration
- Aftershocks rumble quake-hit Afghanistan as death toll tops 1,400
- UK's mass facial-recognition roll-out alarms rights groups
