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NewsTranscript
00:00In the next week, oil rollbacks have increased, according to motorists.
00:05According to the 4-day average of oil trading,
00:07up to Php 1.30 is the possible price for each liter of diesel and gasoline,
00:12up to Php 1.35 for kerosene.
00:16And that will change depending on the trading results this Friday.
00:20According to the Oil Industry Management Bureau of the Energy Department,
00:23the slowdown in demand for oil in China and America has an effect on the expected rollback.
00:28The same is true for the increased production of oil in Libya
00:30and the plan for Riyadh of OPEC-plus countries in October.
00:36Kapuso, let's become a witness together!
00:39Subscribe to GMA Integrated News on YouTube
00:41and for Kapuso Abroad,
00:43join us on GMA Pinoy TV and www.gmanews.tv.
00:57Transcription by ESO. Translation by —