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.
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.
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., This news data comes from:http://xv-qqo-lm-xk.aichuwei.com
- Zelenskyy seeks talks with Trump and European leaders on slow progress of peace efforts with Russia
- Comelec: Postponed village, youth elections not in 2026 budget
- Police general suspended for ‘obstruction’ of evidence in case of missing sabungeros
- Marcos leads oath taking of new officers of League of Provinces of the Philippines
- Peru’s ex-president Toledo gets a second sentence in the Odebrecht corruption scandal
- Filipino weightlifter Vanessa Sarno banned for 2 years for anti-doping violation
- China's Xi holds talks with North Korea's Kim in Beijing
- Bishops demand broad probe into flood project corruption
- New DPWH chief Dizon: "A department can't investigate itself"
- Makati earns high rating in anti-trafficking and violence assessment
