Focus Taiwan
Date: 2019/10/27
By: Wu Po-wei and Chiang Yi-ching
Taipei, Oct. 27 (CNA) Taiwan's two major fuel suppliers announced prices hikes for this week Sunday, citing an increase in international crude oil prices amid easing trade tensions between the U.S. and China and a decrease in U.S. crude inventories.
State-run oil refiner CPC Corp., Taiwan said the price of its gasoline and diesel will increase by NT$0.1 (US$0.003) per liter, beginning midnight Sunday.
Following the adjustments, retail prices at CPC gas stations will be NT$26.4 per liter for 92 octane unleaded, NT$27.9 per liter for 95 unleaded, NT$29.9 per liter for 98 unleaded and NT$24.2 per liter for super diesel.
CPC said that international crude oil prices have risen, in part due to the U.S. and China being close to finalizing the first stage of a trade agreement. [FULL STORY]
