Oil price rollback, asahan ngayong linggo

Transcript

00:00We have good news for our motorists because after a few weeks of rising prices of oil products,

00:06we expect a rollback this week.

00:09According to the Department of Energy,

00:11it is possible that the price of gasoline and diesel will drop by 70 to 95 centavos

00:18while the price of kerosene will drop by 80 to 90 centavos.

00:22According to the Department of Energy,

00:24the rollback is a sign of the strengthening of supply and weakening of demand.

00:29However, the price of oil products rose last July 23.