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., This news data comes from:http://www.aichuwei.com
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
- Eala kicks off US Open campaign, aims for breakthrough win in New York
- Majority of Filipinos unaware of vote buying in 2025 elections, OCTA survey shows
- Judge reverses Trump administration's cuts of billions of dollars to Harvard University
- NATO members to reach 2% defense spending goal this year
- Earthquake in eastern Afghanistan kills at least 610 people and injures 1,300
- ₱1.7M shabu seized in Taguig buy-bust
- PNP disputes China's crime advisory, says Philippines crime rate dropped
- Argentine police recover Nazi-looted painting spotted in property ad
- Marcos inspects rock shed project in Benguet
- Alex Eala targets US Open Round of 32 in rematch against Spanish rival
