Projected oil price hike sa susunod na linggo base sa 4-day trading | Balitanghali
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Transcript
00:00Beep, beep, beep to the motorists. The rollbacks are over.
00:08The price of oil products for the coming weeks is increasing.
00:13According to the estimate of the Oil Industry Management Bureau of the Department of Energy,
00:17based on the four-day trading, the price of gasoline will increase by 65 to 90 centavos per liter.
00:24The price hike in diesel and kerosene is expected to be bigger,
00:28both at 95 centavos to 1 peso and 10 centavos per liter.
00:33Despite the high price, there is a ruckus in the Middle East that is affecting the production of oil.
00:40This is the first oil price hike following three weeks of rollbacks in gasoline
00:45and five weeks in diesel and kerosene.
00:48For more hot news, subscribe to GMA Integrated News on YouTube.
00:57For those abroad, follow us on GMA Pinoy TV and www.gmanews.tv.