Oil price hike (Oct. 24, 2023): P1.30/L diesel | P0.95/L gasolina | P1.25/L kerosene | 24 Oras

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Transcript
00:00 There is a new high price for some oil products starting tomorrow.
00:05 That's P1.30 per liter of diesel, while P1.75 for gasoline.
00:13 There is also P1.25 per liter of kerosene.
00:18 According to the Department of Energy Oil Industry Management Bureau,
00:22 the reason for the price increase is the Iranian government's appeal for an oil embargo
00:30 on the sale of oil in Israel due to the ongoing chaos.
00:35 There is also a shortage of oil supply due to the high demand until the end of the year.
00:43 My fellow "Kapuso", join us for 24 hours.
00:48 Subscribe to GMA Integrated News on YouTube.
00:51 For "Kapuso Abroad", visit GMA Pinoy TV at www.gmanews.tv.
01:00 [ ♪ ]

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