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Oil price hike seen next week
PTVPhilippines
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2 years ago
Oil price hike seen next week
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00:00
Notice to motorist expect an increase in the prices of petroleum products next week
00:05
According to the Energy Department's estimate the possible increase in the prices of diesel is 40 to 60 centavos per liter
00:13
Kerosene may go up by 60 to 80 centavos per liter and gasoline by one peso and 50 centavos per liter
00:20
According to the DOE the rise in oil prices is due to tensions in the Middle East
00:25
Large withdrawals from inventories in the US and positive estimates of oil demand
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