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., This news data comes from:http://www.gyglfs.com
Pump prices increase for 2nd straight week
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.
- Marcos suspends importation of regular, well-milled rice for 60 days
- Marcos sacks PNP Chief Torre, saying it was 'difficult but necessary'
- Iran says open to US nuclear talks, rejects missile curbs
- Malabon shifts garbage disposal to Rizal landfill after Navotas closure
- Manila marks National Heroes Day with job fair
- House party leaders want to return proposed 2026 budget to Executive
- Marcos names acting Ombudsman
- President Marcos Jr. visits Cambodia to strengthen ties
- Trump moves to end US tariff exemption for small packages
- Bonoan resigns, Dizon named DPWH chief
