FUEL prices went up Tuesday for the second straight week.
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, This news data comes from:http://aesdb.xs888999.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.
- US and European officials meet to discuss new sanctions on Russia
- Search for survivors after Afghan earthquake kills 800
- Customs officials, employees who aided Discayas will not be spared — Customs chief
- Cyclone's trough, habagat will bring cloudy skies, rain showers over PH
- DHSUD chief cites accomplishments
- Sotto files bill to amend party-list system
- New judge to handle Dengvaxia cases named; hearing set
- Modi, Ishiba agree to boost economic ties
- Alex Eala targets US Open Round of 32 in rematch against Spanish rival
- Wawao Builders exec ‘not sure’ if company has flood control project in Bulacan
