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Domestic fuel prices to drop for fourth straight week

Focus Taiwan
Date: 2018/11/11
By: Tsai Peng-min and Evelyn Kao

Taipei, Nov. 11 (CNA) Fuel prices in Taiwan will fall for the fourth

CNA file photo

consecutive week in response to a drop in international crude oil prices last week, the country’s two major suppliers said Sunday.

The price of gasoline and diesel will be lowered by NT$0.7 (US$0.023) and NT$0.8 per liter, respectively, starting at midnight Sunday, state-owned refiner CPC Corp., Taiwan said.

After the drop, the biggest this year, prices at CPC gas stations nationwide will be NT$28.5 per liter for 92 octane unleaded, NT$30.0 per liter for 95 unleaded, and NT$32.0 per liter for 98 unleaded, while super diesel will be NT$26.5 per liter.

Meanwhile, privately owned Formosa Petrochemical announced identical price cuts, with effect from 1 a.m. Monday, which means prices at its gas stations will be NT$28.5 per liter for 92 octane unleaded, NT$29.9 per liter for 95 unleaded, NT$32.0 per liter for 98 unleaded and NT$26.2 per liter for super diesel.    [FULL  STORY]

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