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.
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., This news data comes from:http://redcanaco.com
Pump prices increase for 2nd straight week
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.
- NHA gives cash aid to families affected by calamity in Manila
- Senate subpoenas 8 DPWH officials, contractors in flood control probe
- San Juan commemorates first revolution under Spanish rule in 129th Araw ng Pinaglabanan
- Thai Court: PM Shinawatra violated ethics rules
- Anutin elected as Thailand's new prime minister
- Most Filipinos distrust China, see it as biggest threat — OCTA survey
- Vietnam evacuates thousands ahead of Typhoon Kajiki
- Comelec completes ballot printing for Bangsamoro elections despite redistricting dispute
- Pope Leo XIV to Israeli president: 2-state solution needed to end Gaza war
- Rep. Tiangco reveals P17B flood control allocations linked to former appropriations chairman Rep. Zaldy Co
