Oct 3, 2001, 12:01 AM
News Code: 9030918
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price V Flying Oil, Sea follow to not companies oil Philippine rises plans no have companies oil Other -- Pulse Asia IRNA- 3, Oct Manila, effected percent 30.0 to percent 20.0 of reduction price the follow to world the in "uncertainty" to due V Flying and Oil Sea players new by .market wait would We .prices our move to reason no see we moment, the At" our adjust must we indication firmer is there until weeks three to two .Corp Petroleum Shell Pilipinas "prices, .said Gamboa Reynaldo Affairs Corporate for President Vice increase to seen is market world the in crude Dubai said Gamboa winter as demand in increase expected the to due barrel per 25 dlrs .approach months crude affect also might recession economic global the said He .prices will what know don't We .attitude wait-and-see taking are We" attack counter US and season cold already its month, the within happen President .Corp Petroleum Eastern "start, also may terrorists against .said Martinez Fernando is company his said Pelayo Antonio spokesperson acting .Corp Petron peso- the and oil crude of price the in trends the monitoring still .rate exchange dollar prices their reduce to able were players new other said Pelayo unlike levels inventory days five to three only have they because .inventory months two to one with players major BG/RR End