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  • 2 days ago
Major oil price hike expected tomorrow

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Transcript
00:00Attention to motorists. A massive hike in oil prices will be set in effect tomorrow due to ongoing tensions in
00:06the Middle East.
00:07Fuel prices are expected to go up by 17 to 24 pesos per liter over several days this week.
00:13This means that fuel companies will stagger the implementation of the hikes instead of delivering a one-time, big-time
00:20price hike.
00:20For tomorrow, gasoline prices are expected to increase by 5 pesos and 20 to 25 centavos per liter.
00:27Diesel by 11 pesos and 60 centavos to 14 pesos and 55 centavos per liter.
00:34And kerosene by 14 pesos and 55 centavos.
00:38For the next couple of days, gasoline will further swell by 85 centavos to 1 peso and 80 centavos.
00:44Diesel by 3 pesos and 80 centavos to 7 pesos and 30 centavos.
00:50As well as kerosene by 7 pesos and 30 centavos.
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