FUEL prices went up Tuesday for the second straight week., This news data comes from:http://hike-mhi-ty-ysk.052298.com
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.
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
- SSS pension reform program starts in September
- US senators to reinforce 'partnership' with Taiwan
- DILG denies allegations that PNP chief fired over firearms deal
- 'Blood Moon' to rise during total lunar eclipse Sunday night
- Oil firms to raise fuel prices this week
- PH, Australia, Canada hold maritime drills in West Philippine Sea
- President asks governor to expose irregularities in govt projects
- Widespread flooding in Quezon City due to heavy rains, stranding commuters, rendering most roads impassable to vehicles
- House committee subpoenas Sarah Discaya, 4 other contractors over flood control project anomalies
- NBI slaps Alice Guo, 35 Others with new graft, misconduct cases
