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
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., This news data comes from:http://705-888.com
- Manila Water announces service disruption for over 12K households in Mandaluyong due to leak repair
- Diokno urges Philippines to rejoin ICC to counter China's aggression
- DSWD program reduced hunger
- China displays its weaponry in a tightly controlled military parade
- DMW, pharmaceutical firm sign agreement to boost access to medicines, hospital services for OFWs, families
- DBP launches P50M program for education
- Some National Guard units in Washington are now carrying firearms in escalation of Trump deployment
- Customs finds only 2 luxury cars at contractor's compound in Pasig
- New Zealand to allow some wealthy foreign investors onto property market
- Lacson warns lawmakers may be complicit in ghost flood control projects
