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.
Pump prices increase for 2nd straight week
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://ufoh-rh-fm-dxo.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.
- Villanueva: Regularize contractual govt workers
- Modi and Putin affirm special relationship as India faces steep US tariffs over Russian oil imports
- Lacson: Senators not exempt from scrutiny in ghost flood control project scandal
- PH, Japan conduct search and rescue exercises
- Napoles guilty in another 'pork barrel' case, sentenced to 55 years in jail
- UK's mass facial-recognition roll-out alarms rights groups
- PH to host seafarers’ welfare forum
- Need to pee? Japan has QR code for that
- Xi and Putin round on West at regional summit in China
- Support grows for independent probe into flood control projects
