Focus Taiwan
Date: 2019/12/15
By: Liao Yu-yang and Elizabeth Hsu

Taipei, Dec. 15 (CNA) Taiwan's two major fuel suppliers on Sunday announced price hikes for this week, reversing the only price cut in nearly two months.

State-run oil refiner CPC Corp., Taiwan said the price of its gasoline and diesel will increase by NT$0.4 (US$0.013) per liter, from midnight Sunday.

After the increase, retail prices at CPC gas stations will be NT$27.3 per liter for 92 octane unleaded, NT$28.8 per liter for 95 unleaded, NT$30.8 per liter for 98 unleaded, and NT$25.2 per liter for super diesel.

Fuel prices in Taiwan were adjusted lower by NT$0.2 per liter on Dec. 6, having remained the same or risen since Oct. 21.

CPC explained that international crude oil prices have risen    [FULL  STORY]