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://ywves.aichuwei.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.
Pump prices increase for 2nd straight week
- Red Cross head says mass evacuation of Gaza City 'impossible'
- Transport chief pushes shame campaign vs errant motorists
- South Africa's most vulnerable struggle to find HIV medication after US aid cuts
- House bill seeks to regulate AI use
- SKorea’s Lee in Tokyo to show friendship
- DPWH to revisit budget, to complete revisions within 2 weeks
- Famed streetcar in Lisbon, Portugal, derails and crashes, killing 15 people
- Sen. Go files bills to push health, social, and labor reforms
- Inflation up 1.5% in August
- House resolution filed to investigate 'funders' of anomalous projects
