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Gas prices to rise again after hitting three-year high

Radio Taiwan International
Date: 2018-01-07

Taiwan’s gas prices are set to rise again, after an increase last week sent fuel prices to the highest level since December, 2014.

The state-run CPC Corporation, Taiwan will increase gas and diesel prices by NT$0.2 (about US$0.007) per liter. The new prices will go into effect at midnight on Sunday going into Monday morning.

The new prices per liter will be: for super diesel, NT$24.8; for 92 octane unleaded, NT$26.9; for 95 octane unleaded, NT$28.4; and for 98 octane unleaded, NT$30.4 per liter.

CPC says it’s raising prices again in line with climbing international crude oil prices. Those increases have been driven by a decrease in the United States’ crude oil inventory for seven consecutive weeks and by political turmoil in Iran, a major producer of oil.    [SOURCE]

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