FUEL prices went up Tuesday for the second 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.
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., This news data comes from:http://jm-wof-nipj-brp.yamato-syokunin.com
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
- Marikina City chief of police relieved
- Marcos orders 'sweeping review' of DPWH budget under 2026 NEP
- Filipino priest wins Ramon Magsaysay Award for activism against Duterte's drug war
- Fears of new political crisis grip France
- BuCor chief calls for major reforms
- President Marcos to attend 80th UN General Assembly in New York
- Thailand's Parliament to vote Friday for a new prime minister
- Venezuela builds up border security over US warships
- CFO moves office from QC to Pasay
- China to bolster non-Western alliances at summit, parade
