FUEL prices went up Tuesday for the second straight week., This news data comes from:http://yrrr-vt-cg-deu.052298.com
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
- CFO office moves from Quezon City to Pasay
- US strike marks shift to military action against drug cartels
- Mayor Sotto slams Discayas, cites lies, ghost firms, and kickback allegations
- Gloria Arroyo files bill to empower Office of the Vice President
- Transport chief pushes shame campaign vs errant motorists
- Marcos leads oath taking of new officers of League of Provinces of the Philippines
- Comelec completes ballot printing for Bangsamoro elections despite redistricting dispute
- Lawmaker linked to anomalous flood control projects in US for medical reasons, says House spokesman
- CFO moves office from QC to Pasay
- ERC amends net-metering rules to expand renewable energy options
