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NewsTranscript
00:00In addition to the motorists, there will be another big-time oil price hike next week.
00:07According to the Department of Energy,
00:102 pesos and 35 centibos to 2 pesos and 65 centibos
00:16is the possible increase for each liter of diesel.
00:192 pesos to 2.30 pesos will be added for each liter of gasoline.
00:242 pesos and 45 centibos to 2.55 pesos
00:29will be added for each liter of gasoline.
00:32According to the DOE, the increase in oil prices
00:36is a result of the increase in crude oil prices
00:38due to tensions in the Middle East
00:40and refinery outages in Indonesia and Malaysia.