(UPDATE) OIL companies raised their pump prices on Tuesday, Aug. 26., This news data comes from:http://www.redcanaco.com
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
Since January, the price of gasoline has gone up by P12.10, diesel by P12.35, and kerosene by P2.05.
- China is showing off its weaponry in a tightly controlled military parade
- No winner in lotto draws for Aug 23
- Private groups back DHSUD chief's anti-corruption policy
- Govt debt swells to record P17.58T
- Vatican puts Pope Francis' ecological preaching into practice with vocational farm center
- PH Defense chief slammed for 'bad mouthing' China
- Prime minister of Yemen's Houthi-run government killed in Israeli strike
- PH economic losses hit 100B from corruption in flood control projects
- Wildfires producing 'witches' brew' of air pollution – UN
- PH has chance of getting UNSC seat - Manalo
