DOE: Oil price rollback expected next week

  • 2 months ago
DOE: Oil price rollback expected next week
Transcript
00:00And it's good news for motorists. Prices of fuel products are expected to roll back next week.
00:05Gasoline is estimated to go down by 70 to 90 centavos per liter, while diesel and kerosene
00:12prices may drop to 1 peso to 1 peso and 15 centavos. According to the Department of Energy
00:19Oil Industry Management, the anticipated downward adjustment is due to the weak China inflation data,
00:26hurricane barrel, as well as the status on the US dollar.

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