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://ba.redcanaco.com
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
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.
- Four children killed by parents in Dominican Republic — police
- Israeli army: Gaza City now 'a dangerous combat zone'
- Japan PM Ishiba bounces back in polls after election debacle
- OVP ready to submit to lifestyle check if ordered, no word from Sara
- WBO champ looms as Pacquiao’s next opponent
- Go Negosyo, CFO push migrant empowerment
- Heavy rain falls in parts of Southeast Asia after tropical storm blows into Vietnam Heavy rain falls in parts of Southeast Asia after tropical storm blows into Vietnam
- Philippines to work more closely with US amid regional challenges
- Comelec probes 15 govt contractors over 2022 election donations
- Palace: Govt monitoring Chinese sleeper agents, PLA presence in PH
