By: Tsai Yi-chu and Evelyn Kao
Taipei, March 13 (CNA) The state-owned CPC Corp., Taiwan (中油) announced Sunday an increase in its gasoline and diesel prices of NT$0.9 (US$0.03) per liter, effective Monday, citing rising crude oil prices.
After the price adjustments, CPC’s 92 octane, 95 octane and 98 octane unleaded gasoline will go up to NT$21.3, NT$22.8 and NT$24.8 per liter, respectively, while the price of its super diesel will increase to NT$18.6 per liter.
It will be the fourth consecutive weekly hike in domestic fuel prices and will put CPC’s 95 octane close to the record high of NT$23.1 on Dec. 7 last year. [FULL STORY]