Oil price hike, nakaamba sa papasok na linggo
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NewsTranscript
00:00Motorists, charge now because an oil price hike is expected next week.
00:07Based on the forecast of industry sources and the mean of flats of Singapore,
00:12it is possible to add P70 to P90 for every liter of gasoline.
00:17P70 to P1 will be increased for every liter of diesel,
00:22while P60 to P70 for kerosene or gas.
00:27According to the Oil Industry Management Bureau of the Energy Department,
00:32some of the main reasons for the increase are the ongoing geopolitical situation in Russia,
00:38the low production of oil refinery business in the country,
00:42and the oil production outage in Norway.