FUEL prices went up Tuesday for the second straight week., This news data comes from:http://lmbv.aichuwei.com
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.
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
- ALPAS Consultancy bags five awards in Philippine Quill debut
- Van Gogh Museum 'could close' without more help from Dutch govt
- Comelec to resume BARMM polls ballot printing Thursday
- Classes suspended in 10 Metro Manila cities due to rains
- 17 House lawmakers press Marcos administration to raise WPS issue to UN
- President Marcos Jr. visits Cambodia to strengthen ties
- Marcos sacks PNP Chief Torre, saying it was 'difficult but necessary'
- PH eyes global partners in biggest railway project
- NKorea's Kim tells Xi hopes to 'steadily develop' ties – KCNA
- Some areas in Metro Manila, Bulacan to have brownouts due to maintenance work
