Tag: oil prices drop

DTI calls on producers to roll back prices as world oil prices drop

MAKATI, Dec 3 — Trade and Industry Secretary Gregory L. Domingo is calling on producers to make adjustments on the prices of their products commensurate to the decrease in transportation costs they are realizing due to the drop in world oil products. “Filipino consumers,” he says, “should also benefit from the continuous fall in world oil prices that have gone down some 30 percent since June this year.” Secretary Domingo has instructed the DTI’s Consumer […]