Big-time oil price hike, nakaamba sa susunod na linggo

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00:00To the motorists, it is expected that there will be a big increase in the price of petroleum products in the next week.

00:08According to the Energy Department,

00:112 pesos and 35 centimers to 2 pesos and 65 centimers are possible to increase the price of diesel,

00:19while 2 pesos and 45 centimers to 2 pesos and 55 centimers in kerosene,

00:26and up to 2 pesos and 30 centimers in gasoline.

00:30This is based on the four-day trading, so the price can change.

00:38According to the DOE, increasing the price of oil is equivalent to increasing the price of crude oil

00:45due to tensions in the Middle East and refinery outage in Indonesia and Malaysia.

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