FUEL prices went up Tuesday for the second straight week., This news data comes from:http://jyxingfa.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.
Pump prices increase for 2nd straight week
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.
- Pagasa monitors 2 LPAs inside PAR; prevailing 'habagat' brings rain across PH
- 500 Internal Server Error
- Transport chief pushes shame campaign vs errant motorists
- Judge reverses Trump administration's cuts of billions of dollars to Harvard University
- Nartatez to reassign Torre if he won't retire, says they're 'okay'
- DSWD allocates P6.2B for livelihood program
- UN watchdog finds uranium traces at suspected Syrian former nuclear site
- Youth group to SC: Stop postponement of BSKE
- Japan pledges continued support for Philippine development projects
- Argentine police recover Nazi-looted painting spotted in property ad
