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CPC to cut prices at the pump to three month low


Taiwan’s gas and diesel prices are set to drop slightly this week. Taiwan's state-owned fuel company, CPC Corp., Taiwan, said on Sunday that it’s lowering gasoline and diesel prices in response to a dip in international crude oil prices.


The company said the cut – the steepest since November, 2016 – will bring the gasoline prices at CPC pumps nationwide to a three-month low.


CPC said it will cut gas prices by NT$0.8 and diesel prices by NT$0.7 per liter, starting at midnight onSunday heading into Monday morning. That’s a decrease of about US$0.02-$0.03 per liter for both gas and diesel.


After the adjustment, fuel prices per liter will be: for super diesel, NT$21.5; for 92 octane unleaded, NT$23.8; for 95 octane unleaded, NT$25.3; and for 98 octane unleaded, NT$27.3 per liter.