FUEL prices went up Tuesday for the second straight week.
Pump prices increase for 2nd straight week, This news data comes from:http://www.jyxingfa.com
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.
Pump prices increase for 2nd straight week
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.
- Cyclone's trough, habagat will bring cloudy skies, rain showers over PH
- Nepali court: Hindu holy men's nudity not obscene
- Woman accused of murdering her children faces New Zealand trial
- Vico encourages citizens on Heroes’ Day to be brave
- San Juan commemorates first revolution under Spanish rule in 129th Araw ng Pinaglabanan
- India to cut taxes on hundreds of consumer goods to boost local demand following steep US tariffs
- Makati earns high rating in anti-trafficking and violence assessment
- Marcos, first lady visit Cambodia to boost ties
- 'New' position being offered to Torre — Palace
- Palace suspends govt work, classes in several areas due to bad weather
