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://xs888999.com
- Metro Manila, rest of Luzon would be rainy due to ‘habagat’ —Pagasa
- Venezuela builds up border security over US warships
- Former PNP chief Torre III offered new government post
- Recto: No exemption for US tech firms from digital tax
- Chinese research vessel spotted near Philippine coast but 'goes dark' after, says maritime expert
- 15 companies vie for 'Sustainability Champions' award
- Israeli defense minister warns of Gaza City's destruction unless Hamas yields to his country's terms
- Putin tells Xi China-Russia ties are at 'unprecedented level'
- WBO champ looms as Pacquiao’s next opponent
- COA launches sweeping audit of flood control projects
