CPC to raise fuel prices this week

Focus Taiwan
Date: 2017/04/02
By: Tsai Yi-chu and Evelyn Kao

Taipei, April 2 (CNA) State-owned oil refiner CPC Corp., Taiwan (中油) announced Sunday that it will increase its diesel and gasoline prices by NT$0.1 (US$0.003) per liter starting at midnight to reflect an uptick in international crude oil prices.

After the hike, fuel prices at CPC pumps will be NT$21.3 per liter for super diesel, NT$23.7 per liter for 92 octane unleaded, NT$25.2 per liter for 95 octane unleaded, and NT$27.2 for 98 octane unleaded, the company said.

International oil prices rose this past week due to a severe disruption to Libyan oil supplies and optimism that the Organization of the Petroleum Exporting Countries (OPEC) and some non-OPEC producers could extend a deal to cut output to the end of the year, CPC said.    [FULL  STORY]

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