FUEL prices went up Tuesday for the second straight week., This news data comes from:http://gnkr-avn-ejvu-eo.redcanaco.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.
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
- Hope dwindles for survivors days after deadly Afghan quake
- Search for survivors after Afghan earthquake kills 800
- Task force cites new threats to media workers
- Marcos names Dizon as DPWH secretary
- Sri Lanka ex-president Wickremesinghe hospitalized after arrest
- LPA over West PH Sea develops into tropical depression, now called ‘Jacinto’ -- Pagasa
- DILG denies allegations that PNP chief fired over firearms deal
- ‘Lannie’ to bring rain over NLuzon, southwest monsoon to affect Metro Manila, Calabarzon, Mimaropa —Pagasa
- Tariffs, migration and cartels will top Rubio's talks in Mexico and Ecuador this week
- Macron's decision to recognize Palestinian state angers Israel and the US
