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.
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://xs888999.com
Pump prices increase for 2nd straight week
- Escudero urges list of unfundable projects for 2026 budget
- MMDA proposes rainwater facilities in Camp Aguinaldo to mitigate EDSA flooding
- Wildfires producing 'witches' brew' of air pollution – UN
- Bonoan freezes DPWH travel passes
- Malabon shifts garbage disposal to Rizal landfill after Navotas closure
- House probe tackles flood control corruption: Lawmakers disclose conflicts of interest
- Group presses DA on delayed fertilizer subsidies
- Venezuela deploys warships, drones as US destroyers draw near
- NKorea's Kim tells Xi hopes to 'steadily develop' ties – KCNA
- 'Mockery of science': US experts blast Trump climate report
