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., This news data comes from:http://aichuwei.com
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.
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.
- A tale of two cities: San Mateo rejects Manila's trash; Rizal opens landfill to Malabon
- Manila mayor warns against mobs, orders police to maintain peace and order
- Navotas inks deal for school feeding project
- Gomez-Estoesta named court administrator by Supreme Court
- 15 people hospitalized after double-decker bus crashes outside London's Victoria Station
- US appeals court finds Trump's global tariffs illegal
- Taiwan: China illegally deploying oil rigs in our waters
- Kris Aquino is alive, says friend amid reports of death
- Trump: Many Americans ‘like a dictator’
- North Korean leader inspects new missile factory ahead of visit to China
