00:00Beep, beep, beep. The price of petroleum products is on the rise again next week.
00:09Gasoline is the biggest price hike on Tuesday that the Oil Industry Management Bureau of the DOE has seen.
00:16In their estimate, the possible increase in the price of gasoline is P1.25 to P1.50 per liter.
00:25It is also possible to increase the price of diesel by P40 to P60 per liter, while P60 to P80 is expected for kerosene.
00:34Is it still possible to make a change? It depends on the situation in the world market this Friday.
00:40According to the DOE, the geopolitical tensions in the Middle East and the unexpected large withdrawal of crude oil stocks in America have risen in price.
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