OIL PRICE HIKE / MAY 25, 2020
A gasoline attendant grabs the fuel nozzle at a gas station in Kalayaan Avenue, Quezon City on May 25, 2020. A drastic fuel price hike is expected to take effect on May 26 to June 1 with an increase in diesel prices by more than P2.30 per liter and gasoline by more than P1.90 per liter. The hike does not include the impact of the additional 10 percent duty on all crude petroleum oil and refined petroleum products under Executive order 113 to help bolster government revenues to fight Covid-19.
INQUIRER PHOTO / NINO JESUS ORBETA
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Manamnama ti panagbaba manen ti presyo dagiti produkto a petrolyo intun Martes, April 21.
Maibasar iti Mean of Platts Singapore (MOPS) ken foreign exchange averages, posible a bumaba ti diesel iti nagbaetan ti P24.00 agingga P26.00 tunggal litro; gasoline a posible a bumaba iti P2.50 agingga P3.50 tunggal litro.
Ti manamnama a panagbaba ti presyo ti petrolyo ket resulta ti temporaryo a panagsardeng ti tension sadiay Middle East.
Agipektibo ti baru a roll back intun Martes, April 21.//mp4
