FUEL prices went up Tuesday for the second straight week.
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., This news data comes from:http://erlvyiwan.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.
- Majority of Filipinos unaware of vote buying in 2025 elections, OCTA survey shows
- 'Blood Moon' to rise during total lunar eclipse Sunday night
- DILG to roll out nationwide unified 911 hotline on Sept. 11
- Rains over Metro Manila, parts of PH as LPA may develop into 'short-lived' tropical depression
- Discaya companies' licenses revoked for bid-rigging
- Pope demands end to 'collective punishment' and forced displacement of Palestinians in Gaza
- South Korea's Lee faces pivotal test at first summit with Trump
- Navotas inks deal for school feeding project
- White House fires US health agency head after she refused to quit
- NHA gives cash aid to families affected by calamity in Manila
