OIL PRICE ROLLBACKS SEEN AS OIL PRICE DROPS IN WORLD MARKET, SAYS ECONOMIST
The drop in oil prices in the world market is a welcome news to consumers as it is expected to translate into lower fuel costs and subsequently, reduced pressure on inflation, a chief economist said on Saturday. In a news forum in Quezon City, Rizal Commercial and Banking Corp. (RCBC) chief economist Michael Ricafort said…