Fuel prices in Taiwan fall to lowest point in 20 years

Focus Taiwan
Date:\ 04/26/2020
By: Su Ssu-yun, Tsai Peng-min and Chiang Yi-ching

CNA file photo

Taipei, April 26 (CNA) Taiwan's two major fuel suppliers announced cuts Sunday to their diesel and gasoline prices this week, dropping domestic fuel prices to their lowest level in 20 years.

Effective from midnight Sunday, the state-run petroleum refiner CPC Corp., Taiwan will cut its retail gasoline prices per liter by NT$0.9 (US$0.03) and NT$1.0 per liter for diesel, it said.

After the adjustments, prices at CPC pumps will drop to their lowest levels since February 2000, with NT$16.1 per liter for 92 octane unleaded, NT$17.6 per liter for 95 octane unleaded and NT$19.6 per liter for 98 octane unleaded, according to CPC data.

For super diesel, retail prices will be lowered to NT$13 per liter, the lowest since November 1999, CPC said.    [FULL  STORY]

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