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, This news data comes from:http://yamato-syokunin.com
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.
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.
- Alex Eala makes history With comeback victory at US Open
- 4 of 15 contractors on Marcos list have clean records – DPWH
- Marcos opens Hyundai's shipyard in PH
- PNP chief Torre relieved from post — Palace
- 40% of Filipinos are now obese, says Health expert
- Tokyo protests to Beijing over gas field in East China Sea
- Aftershocks rumble quake-hit Afghanistan as death toll tops 1,400
- Chinese tourist city Sanya shuts down as typhoon intensifies
- Filipino member of AHOF K-pop group says Manila concert a dream come true
- Trough of LPA, ‘habagat’ will bring rain showers, thunderstorms across PH
