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NewsTranscript
00:00Beep, beep, beep for motorists, prices of oil products are expected to rise again next week.
00:12Estimated by the Oil Industry Management Bureau of the Department of Energy, based on four-day trading,
00:17the price of 1 peso and 10 centavos to 1 peso and 40 centavos per liter of diesel is rising.
00:2535 to 70 centavos per liter of gasoline.
00:29While for 90 centavos to 1 peso per liter, the price of kerosene is likely to rise.
00:35This number is likely to change based on the trading results this Friday.
00:40Since Tuesday is usually when the price changes occur, the oil price hike will be in place on the eve of Christmas.
00:48As a reason for the price increase of oil products, the dollar is getting stronger against the peso,
00:54and the decrease of crude stocks in America.
00:59.