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://gangzhifhm.com
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
- La Niña may return but temperatures will remain high, UN says
- Thai tycoon takes office as PM after royal endorsement
- Japan accelerates missile deployment amid rising regional tensions
- Cambodia MPs pass law allowing stripping of citizenship
- No winner in lotto draws for Aug 28
- Isko files raps over demolition of sports complex
- ‘God’s Influencer’ to become first millennial saint
- Lacson clears air over conflict with Marcoleta on flood control probe
- Police general suspended for ‘obstruction’ of evidence in case of missing sabungeros
- Hope dwindles for survivors days after deadly Afghan quake
