By: Central News Agency
Gasoline and diesel prices in Taiwan are expected to drop next week because of a decline in international crude oil prices and worry over an oversupply, market sources said Thursday.
The sources estimated that prices of diesel and gasoline products at pumps operated by the state-owned oil supplier, CPC Corp. Taiwan, will drop NT$0.7 (US$0.02) per liter each.
If the prediction comes to pass, starting Dec. 14, the CPC price of 92 octane unleaded will reach NT$20.9 per liter, that of 95 octane unleaded will fall to NT$22.4 per liter, and that of 98 octane unleaded will dip to NT$24.4 per liter. [FULL STORY]