3 oil giants hike fuel prices by P1/L

Pilipinas Shell, Petron Corp., and Chevron Philippines increased their diesel, gasoline, and kerosene prices by P1 per liter on Tuesday. A GMA Flash Report said Shell implemented its price hike at 12:01 a.m., while Petron's took effect 6 a.m. Chevron corporate communications manager Antonio Nebrida also said in a text message that the oil firm hiked its fuel prices at 6 a.m. Other independent oil players have yet to advise whether they would follow suit. — Sophia Dedace/LBG/RSJ, GMANews.TV