Mga motorista, hiling na magtuloy-tuloy ang pagbaba ng presyo ng produktong petrolyo

Transcript

00:00 After an oil price hike, the oil price rollback suddenly increased.

00:05 But according to motorists, the price is low.

00:09 Joshua Garcia has a live report. Joshua?

00:12 Rise and shine Philippines, rise and shine Audrey.

00:19 Next week, the price will rise and fall again.

00:23 The price of each liter of oil.

00:29 Motorists are asking for a small price drop.

00:32 They hope that the rollback will continue until Christmas.

00:35 They say that the price of oil will not decrease by much.

00:40 It's a disaster.

00:43 It's not even 80% because of the price increase.

00:47 It's a big problem.

00:49 2 pesos and the price is only a centimous.

00:53 It's still not enough.

00:55 It's hard for us. We used to charge 500 pesos.

01:00 Now, I only charged 1 or 2 pesos yesterday.

01:02 I hope that the price will not be so high.

01:06 Audrey, starting today, the price will be 20 centimous less for each liter of gasoline and diesel.

01:16 While the price will be 50 centimous less for each liter of kerosene.

01:20 In the last 11 weeks, the price of crude oil increased by 17 pesos and 30 centimous.

01:26 While the price of diesel increased by 11 pesos and 85 centimous.

01:31 This is the price of gasoline in the last 10 weeks.

01:33 According to the DOE, the price of oil will continue to rise because of the shortage of supply.

01:38 At the same time, Saudi Arabia and Russia decided to roll over their voluntary exportation and production until the end of the year.

01:46 Audrey, with the addition of the DOE, it is possible that the price of oil will continue to rise in the remaining part of the year.

01:56 But it will not be as high as the price of oil in the last weeks.

02:00 That's the latest.

02:01 Come back here, Audrey.

02:02 Thank you very much, Joshua Garcia.