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., This news data comes from:http://771bg.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.
Pump prices increase for 2nd straight week
- Comelec to open nearly two-year overseas voter registration for 2028 elections
- Bonoan resigned due to command responsibility — Marcos
- Iran says open to US nuclear talks, rejects missile curbs
- 4 policemen linked to sabungero case slapped with more administrative cases
- Quezon City launches 'Healthy QC' ordinance to combat childhood obesity
- Cebu Pacific to launch direct flights between Cebu and Palawan
- Pump prices go up
- SpaceX scrubs latest Starship launch due to bad weather
- Go Negosyo, CFO push migrant empowerment
- Retired NBI agents urge Marcos to appoint career official to replace Santiago
