By Chiu Po-sheng and Emerson Lim
Taipei, March 17 (CNA) As international oil prices continue to go upward, Taiwan’s two
major oil companies will hike the prices at their gas stations around the nation.
State-run oil refiner CPC Corp., Taiwan announced in a statement that effective midnight March 17, the adjusted price of 92 octane unleaded gasoline will be NT$26.80 (US$0.86) per liter; 95 octane unleaded will be raised to NT$28.30 per liter; and 98 octane unleaded will cost NT$30.30 per liter, according to CPC.
The cost of super diesel will be NT$25.90 per liter.
The average crude price computed on the 7D3B formula, which is made up of 70 percent Dubai crude and 30 percent Brent crude, was at US$66.94 per barrel this week, up US$1.58 from last week’s US$65.36, according to the CPC. [FULL STORY]