Oil price rollback, ipatutupad sa susunod na linggo
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NewsTranscript
00:00After the big-time oil price hike this past week,
00:03there's a long-awaited rollback in the next week.
00:06Based on the oil industry sources,
00:0950 to 75 centimers will be reduced per liter of gasoline.
00:15One peso to 1.50 pesos will be reduced per liter of diesel,
00:21while 90 centimers to one peso per liter of gasoline or gas.
00:27According to the Oil Industry Management Bureau of the Department of Energy,
00:31this is in line with the rising tensions in the Middle East.
00:34The crude supply surplus is expected in the first half of 2025
00:38and the expected decrease in demand growth
00:41in the next year due to the vehicle efficiency upgrade
00:45and the slowdown of China's economy.