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NewsTranscript
00:00In addition to motorists, it is not yet certain if rollback or price hike will be implemented by oil companies next week.
00:12In the estimate of the Oil Industry Management Bureau of the Department of Energy,
00:16it is possible to rollback up to 20 centavos per liter or price hike up to 20 centavos per liter will be implemented in gasoline.
00:24In diesel, it is possible to lower the price up to 10 centavos or price hike up to 30 centavos per liter.
00:31Rollback will be implemented in kerosene up to 20 to 30 centavos per liter.
00:37It is still possible to make changes based on the trading results this Friday.
00:42According to the DOE, the price of oil decreased due to lower demand in China and America.
00:47However, high demand in South Korea and Agam-Agam also increased due to the chaos in the Middle East.
00:54In places that are in a state of calamity due to Hurricane Christine,
00:57the DOE reminded that there is a price freeze in kerosene and household LPG.
01:02This means that the price cannot rise for 15 days after the declaration.
01:17For more stories, visit nyseagrant.org