Domestic gasoline, diesel prices slashed by NT$0.3, NT$0.4 per liter

Focus Taiwan
Date: 2015/05/31
By Lin Shu-yuan and Ted Chen

Taipei, May 31 (CNA) State-run CPC Corp., Taiwan (中油) on Sunday announced 50373_9806700.114.R114RXAH_2011資料照片_copy1that effective midnight, June 1, the price of gasoline and diesel will be reduced by NT$0.3 and NT$0.4 per liter, respectively.

Following the change, the per-liter price of 92-octane gasoline will be NT$25.6, while those of 95- and 98-octane gasoline will be NT$27.1 and NT$29.1, respectively, with the price of premium diesel falling to NT$23.6 per liter.

CPC said that the price adjustment reflects a number of factors that has caused international oil prices to decline, including a surge in oil exports from Iraq and a marked rise in the U.S.’s crude oil reserves.     [FULL  STORY]

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