FUEL prices went up Tuesday for the second straight week.
Pump prices increase for 2nd 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.
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://ujbfu.gyglfs.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.
- SC clarifies rules on land ownership
- Heavy rain falls in parts of Southeast Asia after tropical storm blows into Vietnam Heavy rain falls in parts of Southeast Asia after tropical storm blows into Vietnam
- DBP launches P50M program for education
- No winner in lotto draws for Aug 28
- Australia government condemns anti-immigration rally in Sydney
- Two dead as strong earthquake jolts Afghanistan
- Modi and Putin affirm special relationship as India faces steep US tariffs over Russian oil imports
- Sotto takes oath as Senate president
- Corruption crackdown: VP Sara Duterte, lawmakers call for deeper probe into government
- 20 people missing after deadly Indonesia protests
