CPC to raise fuel prices for coming week

Focus Taiwan
Date: 2017/10/29
By: Tsai Yi-chu and Elizabeth Hsu

Taipei, Oct. 29 (CNA) State-owned oil refiner CPC Corp., Taiwan (中油)
announced Sunday that it will increase domestic gasoline and diesel prices by NT$0.2 (US$0.0066) and NT$0.1, respectively, per liter, starting at midnight.

After the adjustment, prices at CPC gas stations nationwide will be NT$23 per liter for super diesel, NT$25.3 per liter for 92 octane unleaded, NT$26.8 per liter for 95 unleaded and NT$28.8 per liter for 98 unleaded, the company said.

CPC said that international oil prices increased over the past week due to a supply drop in Iraq and major oil exporter Saudi Arabia’s declared support for an extension of an output reduction agreement between the Organization of Petroleum Exporting Countries (OPEC) and non-OPEC producers.
[FULL  STORY]

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