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., This news data comes from:http://ey-gr-vv-afk.ycyzqzxyh.com
Pump prices increase for 2nd straight week
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.
- Unnamed skeletons? US museum at center of ethical debate
- Thai tycoon takes office as PM after royal endorsement
- Heavy rains flood parts of Metro Manila anew
- N. Korea test-fires two 'new' air defense missiles
- Magnitude 5.1 earthquake rattles Surigao del Sur
- Sen. Go calls for round-the-clock DFA support for OFWs welfare
- No winner in lotto draws for Aug 30
- DPWH seeks lookout bulletin vs officials, contractors in ghost projects
- Lacson: House can't return proposed 2026 budget to Palace
- Trough of LPA, ‘habagat’ will bring rain showers, thunderstorms across PH
