FUEL prices went up Tuesday for the second straight week., This news data comes from:http://www.redcanaco.com
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.
- Thai opposition's kingmaking summit fails to back new PM
- Customs finds only 2 luxury cars at contractor's compound in Pasig
- SSS rolls out historic pension reform program
- Some areas in Metro Manila, Bulacan to have brownouts due to maintenance work
- Sara’s claims that corruption probe could be done in one day 'absolutely preposterous' – Palace
- Majority of Filipinos unaware of vote buying in 2025 elections, OCTA survey shows
- China's Communist rulers push party role before World War II anniversary
- Read to reduce sentence, Uzbekistan tells prisoners
- Lacson warns lawmakers may be complicit in ghost flood control projects
- Bureau of Customs seeks missing luxury cars of contractor Sarah Discaya
