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Oil prices set to increase next week
PTVPhilippines
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1/3/2025
Oil prices set to increase next week
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Transcript
Display full video transcript
00:00
Oil prices are anticipated to increase next week.
00:03
Gasoline may increase by 40 centavos to 70 centavos per liter.
00:07
Diesel will go up by 75 centavos up to one peso per liter.
00:11
As for kerosene, the price may increase by 70 centavos to 80 centavos per liter.
00:17
This is due to the Organization of Petroleum Exporting Countries,
00:20
or OPEC, extending production cuts through April 2025.
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