By Chen Cheng-hui / Staff reporterState-run oil refiner CPC Corp, Taiwan (CPC, 台灣中油) yesterday announced that it is to increase gasoline prices by NT$0.2 per liter and diesel prices by NT$0.3 per liter today. CPC said that global crude oil prices rose last week due to positive market sentiment regarding the US-China trade talks and major oil producers’ production cuts. It is the fourth consecutive week that domestic fuel prices have increased. After the adjustments, prices at CPC fuel stations are to climb to NT$27.1, NT$28.6 and NT$30.6 per liter for 92, 95 and 98-octane unleaded respectively, while premium diesel is to increase to NT$25.0 per liter, CPC said. CPC announced price cuts for liquefied natural gas (LNG), but left prices unchanged for liquefied petroleum gas this month.
