Oil price hike, nagbabadya ngayong linggo

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Oil price hike, nagbabadya ngayong linggo
Transcript
00:00 The price of oil products this week has also risen.
00:04 Based on the forecast of Uni Oil,
00:07 30 to 40 centimers will be added to each liter of diesel.
00:12 One peso and 20 centavos to 140 centavos will be increased
00:17 in the price of each liter of gasoline.
00:19 According to Assistant Director Rodela Romero of the DOE, Oil Industry and Management Bureau,
00:24 it is possible that this is the result of a production cut of Saudi Arabia and Russia in oil.
00:29 China's economic growth is slow and it is possible that the supply of crude oil in America will be cut.
00:35 (upbeat music)

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