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., This news data comes from:http://vlvp-fqv-gjue-esso.redcanaco.com
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.
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.
- Putin and Modi in China for summit hosted by Xi
- Japan pledges continued support for Philippine development projects
- Strikes across Gaza Strip kill at least 31 as international scholars accuse Israel of genocide
- Lacson warns lawmakers may be complicit in ghost flood control projects
- France seized by fears of new political crisis
- Gasoline, diesel prices to increase again next week
- 'Blood Moon' to rise during total lunar eclipse Sunday night
- India to develop fighter jet engines with French company
- SSS hails Marcos, Recto for initiating pension reforms, including one to be rolled out in Sept
- MMDA inks deal with DBM for G-3 program
