Fuel prices to hit nine-month high after 6th consecutive rise

Focus Taiwan
Date: 2017/10/01
By: Chiu Po-sheng and William Yen 

Taipei, Oct. 1 (CNA) State-run oil refiner CPC Corp. Taiwan (中油) will increase domestic gasoline and diesel prices Monday by NT$0.4 (US$0.0132) per liter, pushing prices at the pump to a nearly nine-month high.

This is also the sixth consecutive week in which fuel prices have risen.

After the adjustment, which will take effect at midnight Sunday, prices at CPC gas stations around Taiwan will rise to NT$23 per liter for super diesel, NT$25.2 per liter for 92 octane unleaded, NT$26.7 per liter for 95 unleaded and NT$28.7 per liter for 98 unleaded.

The rise comes after disruptions in crude oil supplies due to the Iraqi Kurdistan Regional Government’s (KRG’s) independence referendum, said the CPC.
[FULL  STORY]