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Domestic fuel prices to rise this week

Focus Taiwan
Date: 2018/07/29
By: Chiu Po-sheng, Wei Shu and Evelyn Kao

Taipei, July 29 (CNA) Domestic gasoline and diesel prices will increase by NT$0.3

CNA file photo

(US$0.01) and NT$0.4 per liter, respectively, this week following a hike in international crude oil prices, ending a two-week fuel price drop, Taiwan’s two major suppliers said Sunday.

State-owned oil refiner CPC Corp., Taiwan said that after the adjustments, which will take effect at midnight Sunday, prices at CPC gas stations nationwide will be NT$28.8 per liter for 92 octane unleaded, NT$30.3 per liter for 95 unleaded and NT$32.3 per liter for 98 unleaded.

The price of super diesel will rise to NT$26.9 per liter.

CPC calculates its weekly fuel prices based on a weighted oil price formula made up of 70 percent Dubai crude and 30 percent Brent crude.    [FULL  STORY]

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