New Oil Price Hike Go Start Nov 25

Seaoil Philippines don announce new fuel price wahala wey go start Tuesday, Nov 25, as global oil market still dey do mixed movement dis week. Dem talk say petrol go drop 20 centavos per liter, diesel go rise 60 centavos per liter, while kerosene go kena di highest increase of P1.30 per liter. Di new prices go start for 12:01 a.m for stations wey wan implement early, and 6 a.m for di rest of Seaoil network.

Jetti Petroleum president, Leo Bellas, talk say petrol prices fit dey soft because demand dey slow for di region and US oil stock don build up, show say consumption dey weak for di world biggest oil market. E still yarn say di wahala for rising prices na because some Northeast Asian refiners dey do maintenance, unplanned shutdown, China no dey export plenty, and Russian supply still dey disrupted.