00:00Energy Secretary Sharon Garin announces a minimum oil price rollback for the third straight week.
00:06The diesel price will drop by almost P13 pesos per liter and kerosene by nearly P16 pesos per liter
00:12from April 28 to May 4. Gasoline pump prices will increase by P53 centavos per liter.
00:18The recent diesel rollback follows two bigger price reductions, P24.94 per liter for April
00:2421 to 27 and P20.89 per liter for April 14 to 20 or a total price reduction of P58
00:31.77 for the
00:34past three weeks. For gasoline, the P53 centavos per liter increase follows a P3.41 per liter cut
00:41from April 21 to 27 and P4.43 per liter reduction from April 14 to 20. For kerosene, the nearly
00:49P16
00:49pesos per liter price cut comes after a P2 peso per liter reduction from April 21 to 27 and P8
00:55.50
00:56centavos per liter from April 14 to 20. The price cuts are a big relief to consumers who face higher
01:02transport and food costs amid the U.S.-Israel war on Iran.
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