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.
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://onje-rph-qflu-vc.xs888999.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.
- Read to reduce sentence, Uzbekistan tells prisoners
- Isko Moreno files charges against contractor over illegal demolition of sports complex in Manila
- No winner in Ultra, Megalotto draws for Aug 29
- Philippine forces deliver supplies and personnel to disputed South China Sea shoal despite tensions
- Youth group asks SC to stop postponement of SK polls, cites age-limit concerns
- 25 countries suspend postal services to US over tariffs – UN
- CFO office moves from Quezon City to Pasay
- Taylor Swift, Travis Kelce engaged
- National Guard troops begin carrying weapons in US capital
- Trump frustrated after thinking he made headway on Russia-Ukraine talks only to see Putin balk
