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.
Pump prices increase for 2nd straight week
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.
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, This news data comes from:http://yamato-syokunin.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.
- DILG suspends classes, gov’t work in 17 areas
- GoTyme gives customers 20 free InstaPay transfers per month
- Dizon asks DOJ to issue immigration lookout bulletin to 26 DPWH officials and contractors
- MMDA proposes rainwater facilities in Camp Aguinaldo to mitigate EDSA flooding
- Some areas in Metro Manila, 5 provinces to have power interruptions due to maintenance works
- Madagascar welcomes home skulls of Indigenous warriors taken by French colonial troops 128 years ago
- Putin facing mounting pressure from the West
- Leviste files charges against DPWH engineer who tried to bribe him
- Van Gogh Museum 'could close' without more help from Dutch govt
- Read to reduce sentence, Uzbekistan tells prisoners
