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Chevron to hike gasoline prices, too


MANILA, Philippines - Major oil player Chevron Philippines Inc. (formerly Caltex) will hike the prices of its gasoline on Tuesday. In a text message to reporters, Chevron corporate communications manager Antonio Nebrida said they would increase their gasoline (Gold, Silver, E10, Regular) prices by P1 per liter starting 6 a.m. Tuesday. "Price movements are due to market forces," he said. Earlier, Pilipinas Shell and small player Flying V also announced that they would increase their gasoline prices by P1 per liter and P1.50 per liter, respectively, starting 12.01 a.m. Tuesday. - GMANews.TV
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