Oil price rollback, ipatutupad sa susunod na linggo

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00:00After the big-time oil price hike this past week,

00:03there's a long-awaited rollback in the next week.

00:06Based on the oil industry sources,

00:0950 to 75 centimers will be reduced per liter of gasoline.

00:15One peso to 1.50 pesos will be reduced per liter of diesel,

00:21while 90 centimers to one peso per liter of gasoline or gas.

00:27According to the Oil Industry Management Bureau of the Department of Energy,

00:31this is in line with the rising tensions in the Middle East.

00:34The crude supply surplus is expected in the first half of 2025

00:38and the expected decrease in demand growth

00:41in the next year due to the vehicle efficiency upgrade

00:45and the slowdown of China's economy.

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