By: Tsai Peng-min and Elizabeth Hsu
Taipei, Nov. 10 (CNA) Taiwan's two major fuel suppliers on Sunday announced price hikes for this week, citing an increase in international crude oil prices amid easing trade tensions between the United States and China.
State-run oil refiner CPC Corp., Taiwan said the price of its gasoline and diesel will increase by NT$0.2 (US$0.007) per liter, from midnight Sunday.
After the increase, retail prices at CPC gas stations will be NT$26.6 per liter for 92 octane unleaded, NT$28.1 per liter for 95 unleaded, NT$30.1 per liter for 98 unleaded, and NT$24.4 per liter for super diesel.
CPC said that international crude oil prices have risen, in part because the U.S.-China trade frictions have been showing signs of easing. [FULL STORY]