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.
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., This news data comes from:http://www.gangzhifhm.com
Pump prices increase for 2nd straight week
- BIR to audit contractors flagged for ghost flood projects for tax fraud — BIR
- House committee subpoenas Sarah Discaya, 4 other contractors over flood control project anomalies
- Escudero urges list of unfundable projects for 2026 budget
- Lacson: House can't return proposed 2026 budget to Palace
- Humanoid robots showcase skills at Ancient Olympia. But they're on a long road to catch up to AI
- Preliminary report on Lisbon funicular accident expected
- Two dead as strong earthquake jolts Afghanistan
- No winner in lotto draws for Aug 28
- NKorea's Kim tells Xi hopes to 'steadily develop' ties – KCNA
- Roxas matriarch Judy Araneta-Roxas, 91
