CPC to cut fuel prices by NT$0.6 per liter

Focus Taiwan
Date: 2018/02/11
By: Chen Cheng-wei and Evelyn Kao

Taipei, Feb. 11 (CNA) State-run oil refiner CPC Corp. Taiwan said Sunday it will lower gasoline and diesel prices by NT$0.6 (US$0.02) per liter for the week starting at midnight Sunday, following a drop in international crude oil prices last week.

After the adjustment, prices at CPC gas stations nationwide will be NT$24.3 per liter for super diesel, NT$26.4 per liter for 92 octane unleaded, NT$27.9 per liter for 95 unleaded and NT$29.9 per liter for 98 unleaded, all record lows this year, the company said.

The decision to cut fuel prices was made in the wake of falling crude oil prices last week, which experienced their biggest drop in two months, and record high crude output in the United States, CPC said.    [FULL  STORY]