Oil price rollback seen next week
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NewsTranscript
00:00Another round of fuel price rollback will be implemented by oil companies next week.
00:04According to oil industry sources, price of gasoline could decrease by 1 peso and 28 centavos per liter,
00:101 peso and 57 centavos per liter of diesel, and 1 peso and 61 centavos per liter for kerosene.
00:17This estimate is subject to change in the coming days.
00:20The Department of Energy, or DOE, said the recent oil price cut was due to falling global demand.