Focus Taiwan
Date: 2018/01/28
By: Chu Tze-wei and Elizabeth Hsu
Taipei, Jan. 28 (CNA) State-run oil refiner CPC Corp. Taiwan will maintain its gasoline
and diesel prices unchanged for next week, ending six consecutive weeks of fuel price increases, the company said Sunday.
The reference prices at CPC gas stations around the nation in the coming week will remain at NT$25.1 per liter for super diesel, NT$27.2 per liter for 92 octane unleaded, NT$28.7 per liter for 95 unleaded and NT$30.7 per liter for 98 unleaded.
CPC said it kept prices unchanged because international crude oil prices rose only marginally higher in U.S. dollar terms this week, as the impact of oil inventories falling in the United States for a 10th straight week was largely offset by the reopening of the As-Sarah oil field in Libya.
That slight rise was further negated in Taiwan by the appreciation of the Taiwan dollar this past week, the company said. [FULL STORY]