00:00 Great news for motorists. Tomorrow, November 14, oil companies will implement price cuts on
00:06 fuel products. There will be a price reduction of three pesos for diesel,
00:10 two pesos and thirty centavos for kerosene, and seventy centavos for gasoline.
00:16 According to the Department of Energy or DOE, there has been a decrease in manufacturing
00:21 activity in China and inventory of crude oil in the U.S. has increased.
00:26 There is a possibility that the price rollback will continue until December.
00:31 The Energy Department also assures public transportation drivers and operators
00:35 the distribution of fuel subsidy will continue nonetheless.
