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.
Pump prices increase for 2nd straight week, This news data comes from:http://pux-bbhe-euhe-bi.aichuwei.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.
- Sara Duterte calls DPWH flood control Inquiry a 'Zarzuela'
- 102-year-old becomes oldest person to summit Mount Fuji
- 11 foreigners killed in Portugal funicular crash
- Indonesia hosts annual US-led combat drills with Indo-Pacific allies
- LPA off Leyte has low chance of becoming cyclone within 24 hours —Pagasa
- China is showing off its weaponry in a tightly controlled military parade
- Duterte Youth brings Comelec cancelation battle to Supreme Court
- DICT grants amnesty to unregistered delivery firms
- Madagascar welcomes home skulls of Indigenous warriors taken by French colonial troops 128 years ago
- NKorea could produce ten to twenty nukes per year — SKorea leader
