FUEL prices went up Tuesday for the second straight week., This news data comes from:http://www.052298.com
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.
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.
- House bill seeks to regulate AI use
- Gasoline, diesel prices to increase again next week
- Kris Aquino is alive, says friend amid reports of death
- Open mic caught Xi, Putin discussing immortality
- House suspends DPWH budget deliberations pending submission of changes by agency, DBM
- Five journalists among 20 killed in Israeli strikes on Gaza hospital
- Comelec completes ballot printing for Bangsamoro elections despite redistricting dispute
- Support grows for independent probe into flood control projects
- India to probe giant zoo run by son of Asia's richest person
- Motive probed for US shooting that killed two children, injured 17
