Diesel, kerosene to roll back prices

Diesel, kerosene to roll back prices;   Gas to go up effective Oct. 31

Transcript

00:00 There will be mixed price adjustments at domestic pumps in the country this week.

00:04 Diesel prices will decrease by 1.25 per liter while gasoline prices will increase by 0.45

00:12 per liter.

00:13 Kerosene prices will also decrease by 1.20 per liter.

00:17 Shell Filipinas, Sea Oil and Clean Fuel have already announced their price adjustments

00:22 and other oil companies are expected to follow suit.

00:25 Prior to this, prices of gasoline, diesel and kerosene have increased throughout the

00:30 year.

00:31 The fluctuation in prices is due to various factors including geopolitical risks and concerns

00:36 about the global economy.

00:38 (upbeat music)