Mixed adjustment on fuel prices seen next week
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NewsTranscript
00:00Another price adjustment for petroleum products are expected next week.
00:05Based on estimates from industry sources, gasoline prices may decrease by 40 to 70 centavos per liter.
00:12There is no change or a decrease of 20 centavos per liter for diesel.
00:17Kerosene prices may increase by 10 to 20 centavos per liter.
00:21Meanwhile, the Energy Regulatory Commission or ERC has ordered distribution utilities and electric cooperatives
00:28to halt disconnections and allow flexible payment plans for consumers impacted by Typhoon Christine.
00:35On the other hand, an increase in LPG prices is expected tomorrow, November 1,
00:40as well as potential price hikes for diesel and kerosene next week.