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., This news data comes from:http://aichuwei.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.
- PAL plane bound for Osaka returns to Manila due to 'emergency' situation
- Most Filipinos distrust China, see it as biggest threat — OCTA survey
- Cooperatives group lauds Konektadong Pinoy Law as milestone in digital inclusion
- Former Bulacan district engineer admits going to casinos
- DPWH fires Bulacan engineers, blacklists contractors over anomalous projects
- 'Ondoy'-level rains swamp Quezon City
- Malacañang calls plot to jail VP Duterte 'wild imagination'
- Marcos orders lifestyle check on all govt officials amid flood projects probe
- Wawao Builders exec ‘not sure’ if company has flood control project in Bulacan
- LTO summons driver who berated enforcer
