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.
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., This news data comes from:http://fdee-qto-th-ximn.705-888.com
- Pope meets with Chagos refugees and delivers message about rights of the weak against the powerful
- Youth group to SC: Stop postponement of BSKE
- Dizon to order DPWH officials to submit courtesy resignation
- Sotto willing to testify in Senate probe of flood control anomalies if summoned
- Chinese bridge collapse kills at least 12 construction workers
- Public Works chief to press criminal charges against Bulacan engineer
- Israeli strikes in Yemen's capital kill six, Houthis say
- No winner in lotto draws for Aug 30
- IBP to form good governance panel
- SC orders comment on petitions vs polls
