Mga kompanya ng langis, may panibagong bawas-presyo bukas;

last year

Mga kompanya ng langis, may panibagong bawas-presyo bukas;

DOE, walang nakikitang dahilan para tumaas ang presyo ng mga produktong petrolyo sa mga susunod na linggo

Transcript

00:00 Good news, there is a new rollback on the price of oil products tomorrow.

00:05 How much will be saved is what Joshua Garcia found out in the center of the news.

00:11 Good news to motorists tomorrow because there is a new rollback on the price of oil products.

00:21 In the first notice of some oil companies, the price of gasoline is expected to be lowered to 75 cents, 65 cents for diesel and 60 cents for kerosene.

00:31 Even if the reaction of motorists is mixed, most of them are happy to hear the news.

00:37 Even if the price is not that high, the important thing is that it does not rise.

00:42 If it is not good, it is a big help to our economy and to our motorists.

00:48 It is a big thing.

00:50 Before, when I spend here, it was 1,500, 2,000. Now, it is 1,000. It is okay. It is back. We are still in Bulacan.

00:57 It is also a big thing, especially for those who live on a daily basis.

01:01 These people also wish that the price of goods will be lowered.

01:05 It is good because we have more income. We can save on gas.

01:09 It is also a big help to our family on a daily basis.

01:14 The price of goods is going down.

01:17 Even if the price of gasoline is lowered, I hope that it will have an effect on everyone.

01:22 I hope that it will not be reduced.

01:25 It cannot be lowered. There is no discount.

01:27 They will lower everything so that the drivers will be more careful.

01:32 Of course, the price of diesel and kerosene will be reduced.

01:39 We will be able to add more funds to diesel.

01:42 The Department of Energy explained that aside from the help of the Organization of Petroleum Exporting Countries, OPEC,

01:48 which will be held on November 26,

01:50 which will give the possibility of a new adjustment in the price of diesel,

01:54 they have no reason to raise the price in the next period.

01:58 Our suspicion is that if the price of diesel will not be lowered, it will not increase.

02:04 But if they hold a meeting on November 26 and say that we are production captains, it will increase.

02:11 It will have a continuous effect until OPEC pronounces the new production cap.

02:18 There is no actual supply disruption in the Middle East crisis.

02:25 So I have no reason for the market to have an adverse movement in the price.

02:34 According to the agency, this is the third week of rollbacks in gasoline.

02:38 While the next four weeks will be rollbacks for diesel and kerosene.

02:42 Joshua Garcia for the nation.

02:44 (dramatic music)

Mga kompanya ng langis, may panibagong bawas-presyo bukas;

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