FUEL prices went up Tuesday for the second straight week., This news data comes from:http://iftx.erlvyiwan.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.
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.
- Sara’s claims that corruption probe could be done in one day 'absolutely preposterous' – Palace
- Palace rejects China's 'troublemaker' tag
- Bishops demand broad probe into flood project corruption
- Discayas must return money before seeking immunity – Remulla
- MMDA unveils plan to build rainwater impounding facilities in Camp Aguinaldo
- Marcos opens WorldSkills Asean competition
- Marcos soon to create commission to probe flood control projects
- Australia government condemns anti-immigration rally in Sydney
- LBC Express Holdings top executive to retire in Oct.
- Mob burns Nigerian woman to death over Islam blasphemy claim — police
