(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.
Since January, the price of gasoline has gone up by P12.10, diesel by P12.35, and kerosene by P2.05., This news data comes from:http://771bg.com
Pump prices go up
- Roxas matriarch, 91
- Marcos opens Hyundai's shipyard in PH
- DoTr seeks higher budget for 2026, requests P531B amid cuts
- Marcos signs law giving 99-year land lease to foreign investors
- WBO champ looms as Pacquiao’s next opponent
- South Korea to ban mobile phones in school classrooms
- Japanese climber, 102, sets Mount Fuji record
- Protesters storm Discaya compound, Sotto calls for calm
- House panel defers 2026 DPWH budget until agency submit changes
- Bolsonaro verdict looms as Brazil coup trial closes
