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., This news data comes from:http://py.aichuwei.com
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.
- Lawmaker linked to anomalous flood control projects in US for medical reasons, says House spokesman
- Zelenskyy seeks talks with Trump and European leaders on slow progress of peace efforts with Russia
- Inflation up 1.5% in August
- Marcos to youth: Help in nation-building
- India to probe giant zoo run by son of Asia's richest person
- South Africa's most vulnerable struggle to find HIV medication after US aid cuts
- Thailand's suspended prime minister testifies over phone call that could get her booted from job
- Australia to tackle deepfake nudes, online stalking
- Lookout bulletins out vs Atong Ang, Barretto
- US appeals court blocks Trump's use of wartime law for deportations
