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.
Pump prices increase for 2nd straight week
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., This news data comes from:http://dqvsfgla.erlvyiwan.com
- NATO members to reach 2% defense spending goal this year
- 1 in 4 people lack access to safe drinking water — UN
- Comelec to open nearly two-year overseas voter registration for 2028 elections
- Marcos confers diplomatic merit award on two ambassadors
- US strike marks shift to military action against drug cartels
- Rise in HFMD cases due to better reporting, not outbreak
- Maryland resident is diagnosed with New World screwworm. What to know about the parasite
- Floods kill over 30 in Indian-controlled Kashmir, displace 150,000 in east Pakistan
- Wildfire tears through California gold rush town
- Maduro calls for dialogue hours after Trump’s threat
