(UPDATE) OIL companies raised their pump prices on Tuesday, Aug. 26.
The per-liter price of gasoline rose by 70 centavos, diesel by 50 centavos, and kerosene by 30 centavos.
Continued tensions between Israel and Iran, between Russia and Ukraine, and the big drop in US crude inventories and gasoline stocks triggered the price increases, local oil industry sources said.
Last week, gasoline prices increased by 69 centavos, and the prices of diesel and kerosene went down by 80 centavos, and 90 centavos.
Pump prices go up, This news data comes from:http://www.052298.com
Since January, the price of gasoline has gone up by P12.10, diesel by P12.35, and kerosene by P2.05.
- Trough of LPA, ‘habagat’ will bring rain showers, thunderstorms across PH
- Berlin urges Israel to 'immediately' improve humanitarian conditions in Gaza
- Macron's decision to recognize Palestinian state angers Israel and the US
- WorldSkills Asean Manila begins
- House suspends DPWH budget deliberations pending submission of changes by agency, DBM
- ‘Lannie’ will bring rain showers, thunderstorms over North Luzon —Pagasa
- House justice panel to probe US' extradition request for Quiboloy
- Lawmaker linked to anomalous flood control projects in US for medical reasons, says House spokesman
- Argentine police recover Nazi-looted painting spotted in property ad
- Gasoline, diesel prices to increase again next week
