FUEL prices went up Tuesday for the second straight week., This news data comes from:http://www.aichuwei.com
Pump prices increase for 2nd 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.
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
- Aid flotilla with Greta Thunberg set to sail for Gaza
- Filipino priest wins Ramon Magsaysay Award for activism against Duterte's drug war
- Australia to tackle deepfake nudes, online stalking
- Mob burns Nigerian woman to death over Islam blasphemy claim — police
- PH doesn't recognize Taiwan as sovereign state, stands by 'One China Policy' -- Foreign Affairs chief
- LPA may still develop into short-lived tropical cyclone
- Hontiveros pushes P15,000 salary hike for teachers
- Quezon City hails directive for national projects to get local permits
- Lacson to Marcoleta: I don’t want a fight but I won’t back down from one
- Israel city honors Quezon’s wartime rescue of Jews
