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.
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., This news data comes from:http://www.gangzhifhm.com
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.
- Mexican boxer Chavez Jr. released from prison pending trial
- An AI simulation of a Mount Fuji eruption is being used to prepare Tokyo for the worst
- US agents arrest 475 in Hyundai-LG plant raid
- Former president Duterte's health stable despite high blood sugar, says VP Sara
- No peace without end to hostilities –Arab bloc
- PH, Australia, Canada hold joint sea drills
- Xi slams 'bullying' in speech to regional leaders at summit
- UN food agency chief says women and children are starving in Gaza and pressed Netanyahu on aid
- Metro Manila disaster agencies expand response areas in preparation for 'Big One'
- Go seeks more support for Filipino athletes
