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., This news data comes from:http://redcanaco.com
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.
Pump prices increase for 2nd straight week
- US church shooter 'obsessed with idea of killing children'
- AI helps UK woman rediscover lost voice after 25 years
- Indonesian police officer fired over killing that sparked protests
- Tax bureau hunts down contractors over questionable flood control deals
- Chinese warships shadow Philippine, Australian, Canadian drills in Zambales
- Afghan quake death toll surges to over 2,200
- Preliminary report on Lisbon funicular accident expected
- Alice Guo faces new cases over POGO land
- PH has chance of getting UNSC seat - Manalo
- Puno seeks probe of anomalous projects ‘funders’
