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., This news data comes from:http://bt-miit-xm-bedl.erlvyiwan.com
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.
- LPA off Leyte has low chance of becoming cyclone within 24 hours —Pagasa
- Senate subpoenas 8 DPWH officials, contractors in flood control probe
- DPWH seeks lookout bulletin vs officials, contractors in ghost projects
- 175th birth anniversary of Marcelo H. Del Pilar commemorated in Manila
- Marcos sacks PNP Chief Torre, saying it was 'difficult but necessary'
- Planning via ‘gender lens’ to make cities more inclusive — expert
- DILG to roll out nationwide unified 911 hotline on Sept. 11
- Meeting South Korea, Trump could eye new chance with North
- Hontiveros wants Senate to probe Chinese who pretended to be Filipino
- House committee subpoenas Sarah Discaya, 4 other contractors over flood control project anomalies
