Focus Taiwan
Date: 2018/02/17
By: Huang Ya-chuan and S.C. Chang

Taipei, Feb. 17 (CNA) Formosa Petrochemical Corp., a privately owned fuel supplier, announced Saturday that it will cut domestic gasoline and diesel prices from 1:00 a.m. Monday to reflect increased output of shale oil in the United States.

With the move, Formosa Petrochemical’s gas and diesel prices will go down by NT$0.6 and NT$0.7 per liter, respectively, which will result in 95 octane unleaded dropping to NT$27.2 per liter.

The fuel supplier said its 92 unleaded will be priced at NT$25.8 and 98 unleaded at NT$29.3, while its super diesel will be sold at NT$23.3 per liter.    [FULL  STORY]