00:00In the third consecutive year, the big-time oil price hike is expected again next week.
00:07Prices of 1.35 pesos to 2.60 pesos can be added to each liter of diesel.
00:16Prices of 1.35 pesos to 1.60 pesos can be added to gasoline.
00:22Prices of 2.30 pesos to 2.50 pesos can be added to kerosene.
00:29This is based on the average of four-day trading this week until yesterday.
00:34According to the Oil Industry Management Bureau of the Energy Department,
00:39the new oil price hike is due to the reduction of the oil export of Russia
00:44due to the new sanctions of the United States and Britain due to the war in Ukraine.
00:51It is also possible that shipping or oil travel will be affected because of this.
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