(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
Since January, the price of gasoline has gone up by P12.10, diesel by P12.35, and kerosene by P2.05.
Pump prices go up, This news data comes from:http://yamato-syokunin.com
- Undersea cables cut in the Red Sea, disrupting internet access in Asia and the Mideast
- Indonesia turns down ear-splitting 'haram' street parties
- Marcos signs laws declaring holidays across PH
- Marcos names Dizon as DPWH secretary
- 1 in 4 people lack access to safe drinking water — UN
- North Korea's Kim Jong Un travels to Beijing to watch military parade alongside Putin, Xi Jinping
- Scramble for survivors as Afghan earthquake death toll passes 1,400
- Filipino fulfills dream of performing with K-pop group before home fans
- Can a giant seawall save Indonesia's disappearing coast?
- LBC Express Holdings top executive to retire in Oct.