Oil price hike, nakaamba ngayong linggo
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NewsTranscript
00:00After a few weeks of rollback in the price of oil products, the price of gasoline has increased this week.
00:07According to the Department of Energy, it is possible that the price of gasoline will increase from 40 to 90 cents per liter.
00:14It is also possible that the price of diesel will increase from 40 cents per liter while the price of kerosene will increase from 20 cents per liter.
00:23The price of oil products will increase after the US Federal Reserve reduced the interest rate, which is increasing the demand.
00:30In addition, tensions in the Middle East will continue.
00:33The price of oil in America has fallen and the price of oil in Japan has fallen in maintenance.