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.
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://xedq.jyxingfa.com
- Marcos mum on Magalong joining independent commission for DPWH probe
- India's Modi seeks closer ties on Asia tour to offset US tariff fallout
- Argentina hunts Nazi-looted painting revealed in property ad
- DILG suspends classes, gov’t work in 17 areas
- Rise in HFMD cases due to better reporting, not outbreak
- 2 LPAs monitored inside PAR, bringing rain to Luzon
- ICC clears applications of 15 drug war victims to join proceedings vs Duterte
- Sen. Go calls for round-the-clock DFA support for OFWs welfare
- Israel launches new spy satellite in 'message' to enemies
- Thai cannabis-championing tycoon takes office as PM
