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., This news data comes from:http://jyxingfa.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.
- Made in China? The remarkable tale of Venice's iconic winged lion
- House starts flood control probe
- 15 people hospitalized after double-decker bus crashes outside London's Victoria Station
- Duterte Youth brings Comelec cancelation battle to Supreme Court
- Russia hits seat of Ukraine government in war's biggest air attack
- Drug war whistleblower Royina Garma returns to PH after US detention
- Wildfires producing 'witches' brew' of air pollution – UN
- Metro Manila disaster agencies expand response areas in preparation for 'Big One'
- Manila mayor warns against mobs, orders police to maintain peace and order
- DMW, pharmaceutical firm sign agreement to boost access to medicines, hospital services for OFWs, families
