FUEL prices went up Tuesday for the second straight week., This news data comes from:http://xbkhtnd.yamato-syokunin.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.
- DPWH exec asked lawmaker to make budget insertions — Lacson
- Trump says he'll keep extending TikTok shutdown deadline
- US appeals court finds Trump's global tariffs illegal
- Sen. Go calls for round-the-clock DFA support for OFWs welfare
- North Korea's Kim Jong Un travels to Beijing to watch military parade alongside Putin, Xi Jinping
- Pasig fire kills child, injures mother as she tries to save him
- Vico encourages citizens on Heroes’ Day to be brave
- Trump stamps 'dictator chic' on Washington
- Comelec upholds cancelation of Duterte Youth registration
- Xi and Putin round on West at regional summit in China
