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.
Pump prices increase for 2nd straight week, This news data comes from:http://www.771bg.com
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.
- Marcos orders full budget review for DPWH amid ghost projects scandal
- Philippines to work more closely with US amid regional challenges
- Dizon asks DOJ to issue immigration lookout bulletin to 26 DPWH officials and contractors
- Thai court dismisses prime minister over compromising phone call with Cambodian leader
- Malacañang calls plot to jail VP Duterte 'wild imagination'
- Trump: Many Americans ‘like a dictator’
- President Marcos launches HD Hyundai Shipyard in Subic
- LPA east of Surigao del Sur may intensify into tropical depression
- Sen. Go calls for round-the-clock DFA support for OFWs welfare
- Surfacing of WPS features ‘likely’ natural occurrence, not due to dumped crushed corals
