Fuel price rollback seen next week

PTVPhilippines

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Transcript

00:00Good news for motorists and those planning to go on vacation this Holy Week.

00:05A significant rollback in petroleum product prices may be implemented next week.

00:10The price of gasoline may drop by 3 pesos and 30 centavos to 3 pesos and 75 centavos per liter,

00:17diesel by 2 pesos and 90 centavos to 3 pesos and 40 centavos per liter,

00:23and kerosene by 3 pesos and 40 centavos to 3 pesos and 50 centavos per liter.

00:28This major rollback is attributed to trade tensions between the United States and China,

00:34increased production from OPEC by May, and other factors.

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