PTVPhilippines
  • 2 months ago
Mixed fuel price movements seen next week

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Transcript
00:00Notice to motorists, mixed movements and fuel prices are expected next week.
00:05Gasoline may either roll back or hike prices by 20 centavos per liter.
00:10Diesel may drop 10 centavos per liter or add 30 centavos per liter.
00:15Meanwhile, kerosene will slash its cost by 20 to 30 centavos per liter.
00:19According to the Department of Energy, the adjustment is based on fuel trading the past four days.
00:25Gas prices are seen to drop due to lower demand in China and the US.
00:29A rise in US oil stocks and the situation in Israel and Hamas.
00:34The potential fuel price increase might be due to rising demand in South Korea
00:39and supply disruption from Iran.