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.
Pump prices increase for 2nd straight week, This news data comes from:http://ivxf.xs888999.com
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.
- PTFOMS and CHR sign agreement to improve Filipino media workers' safety
- Heavy rains flood parts of Metro Manila anew
- House resumes budget briefings
- Indonesia hosts annual US-led combat drills with Indo-Pacific allies
- Discayas to file raps vs protesters, will attend Senate hearing — lawyer
- Australia halts logging for koala haven on eastern coast
- PH, Japan conduct search and rescue exercises
- WBO champ looms as Pacquiao’s next opponent
- Rains over Metro Manila, parts of PH as LPA may develop into 'short-lived' tropical depression
- Nartatez to reassign Torre if he won't retire, says they're 'okay'
