Fuel prices stable after five weeks of adjusted increases

Taipei Times
Date: Dec 26, 2016
By: Staff writer, with CNA

CPC Corp, Taiwan (CPC, 台灣中油) yesterday left fuel prices unchanged for this week, ending five weeks of diesel and gasoline price increases, the state-owned oil supplier said.

CPC said its weighted oil price formula — 70 percent Dubai crude and 30 percent Brent crude — showed prices slightly increased to US$52.87 per barrel last week from US$52.86 per barrel the previous week.

The company said it would not adjust fuel prices this week, with prices at the pumps nationwide to stay unchanged at NT$22.6 per liter for super diesel, NT$24.9 per liter for 92 octane unleaded, NT$26.4 per liter for 95 unleaded and NT$28.4 per liter for 98 unleaded.

Formosa Petrochemical Corp (台塑石化) on Saturday said it would keep its fuel prices unchanged, with prices nationwide staying steady at NT$22.3 per liter for super diesel, NT$24.8 per liter for 92 octane unleaded, NT$26.3 per liter for 95 unleaded and NT$28.6 per liter for 98 unleaded.   [SOURCE]

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