00:00Expect a big-time oil price rollback next week.
00:04According to Unioil, it is expected to see up to P2 per litre of diesel and up to P2.30 per litre of gasoline.
00:13The Oil Industry Management Bureau of the Energy Department said earlier that
00:17one of the reasons for the price increase is the effect of the decrease in oil consumption in China
00:22and the strong exchange rate of pesos versus dollars.
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