Focus Taiwan
Date: 2019/03/03
By: Evelyn Kao and Tsai Peng-min and Evelyn Kao

Taipei, March 3 (CNA) The price of gasoline will increase by NT$0.2 (US$0.07) per liter this week but diesel prices will remain unchanged, Taiwan’s two major fuel suppliers said Sunday.

State-owned oil refiner CPC Corp. Taiwan said prices at its gas stations nationwide will go up to NT$26.5 per liter for 92 octane unleaded, NT$28.0 per liter for 95 unleaded, and NT$30.0 per liter for 98 unleaded with effect from midnight Sunday. The price of super diesel, however, will remain at NT$25.5 per liter, CPC said.

Based on CPC’s pricing formula, which follows international crude oil price fluctuations, its gasoline prices would have increased by NT$1.3 this week but the company said it decided on a NT$0.2 per liter hike to keep domestic fuel prices below regional levels.   [FULL  STORY]