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., This news data comes from:http://gylnwxq.redcanaco.com
Pump prices increase for 2nd straight week
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.
- Catholic, Greek Orthodox clergy to stay in Gaza City to help weakest
- Over 800 killed as quake rocks Afghanistan
- Quezon City hails directive for national projects to get local permits
- DILG to roll out nationwide unified 911 hotline on Sept. 11
- Tax bureau hunts down contractors over questionable flood control deals
- Venezuela builds up border security over US warships
- Comelec delays implementation of decision disqualifying Duterte Youth Party-List
- France seized by fears of new political crisis
- Ukraine eyes defense deal with PH that includes co-production of drones, says envoy
- Taiwan, China locked in historical word war
