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.
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., This news data comes from:http://xbfv.erlvyiwan.com
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.
- Duterte Youth brings Comelec cancelation battle to Supreme Court
- South Korea to ban mobile phones in school classrooms
- Trump tells Europe to put economic pressure on China over Ukraine
- Comelec to resume BARMM polls ballot printing Thursday
- PH eyes global partners in biggest railway project
- House panel defers 2026 DPWH budget until agency submit changes
- 15 companies vie for 'Sustainability Champions' award
- Israel says to act with 'great force' in Gaza City
- Cayetano elected Senate minority leader; initial reorganization in committee chairmanships
- Comelec upholds cancelation of Duterte Youth registration
