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., This news data comes from:http://erlvyiwan.com
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.
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.
- May 12 poll results accurate, credible - OCTA Research
- Bonoan resigns, Dizon named DPWH chief
- South Korea to ban mobile phones in school classrooms
- Tensions soar in Indonesia as protests over police brutality and lawmakers' allowances continue
- President Marcos commits to boosting PH digital infrastructure
- New Quezon City judge to oversee Dengvaxia vaccine cases, sets hearing
- Hope dwindles for survivors days after deadly Afghan quake
- House party leaders want to return proposed 2026 budget to Executive
- PAL plane bound for Osaka returns to Manila due to 'emergency' situation
- Putin and Modi in China for summit hosted by Xi
