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NewsTranscript
00:00The new round of oil price rollback is possible again next week.
00:06Up to Php40 per litre of diesel will be taxed.
00:11Up to Php20 per litre of gasoline will be taxed.
00:13But it is also possible that the price will not change.
00:16In kerosene, the possible rollback is up to Php35 per litre.
00:22According to the Oil Industry Management Bureau of the Energy Department,
00:26based on the four-day trading,
00:29as part of the effects of the oil price,
00:32the demand in China will weaken,
00:35and the OPEC-plus countries' plan
00:38is to add supply to the trading market.