Rodela Romero, Director III of the DOE Oil Industry Management Bureau, said talk of a ceasefire in Gaza and the US Federal Reserve’s decision to keep interest rates steady are factors in the expected rollback.
The expected petroleum price changes, based on 4 days of trading on Mean of Platts Singapore, are as follows:
Diesel – P0.50-P0.70/L
Gasolina – P0.20-P0.45/L
Kerosene – P0.60-P0.70/L
This will be the 3rd cut in pump prices in the past 3 weeks.
Subscribe to the ABS-CBN News channel! – http://bit.ly/TheABSCBNNews
Watch full episodes on iWantTFC for FREE here:
http://iwanttfc.com
Visit our website at http://news.abs-cbn.com
Facebook: https://www.facebook.com/abscbnNEWS
Twitter: https://twitter.com/abscbnnews
Instagram: https://www.instagram.com/abscbnnews
Take the opportunity to connect and share this video with your friends and family if you find it useful.
Please REFRESH this page if the video are not yet complete or error. Thank you for patience. Enjoy watching. ^_^