00:00Notice to motorists, another price increase on fuel products are expected on Christmas week.
00:06Gasoline prices may increase to 35 to 70 centavos per liter,
00:10while diesel prices may go up to 1 peso and 10 centavos to 1 peso and 40 centavos per liter.
00:17The price per liter for kerosene may increase to 90 centavos to 1 peso.
00:23According to the Department of Energy Oil Industry Management Bureau,
00:26the oil price projection is due to the continuing armed conflict in the Middle East
00:32and production cuts by oil-producing countries.
