CPC freezes prices over Lunar New Year holidayStaff writer, with CNAState-run oil refiner CPC Corp, Taiwan (CPC, 台灣中油) yesterday announced that gasoline and diesel prices at its stations across Taiwan would remain unchanged over the Lunar New Year holiday, effective today. CPC said international oil prices rose last week due to the Northern Hemisphere’s winter fuel demand and the US consumer confidence index hitting a record high this month. According to CPC’s weekly fuel price adjustment formula, gasoline and diesel prices would normally increase by NT$1.2 and NT$0.4 per liter, respectively. However, CPC said it would absorb the increases — NT$1.2 for gasoline and NT$0.3 for diesel — to keep domestic prices below those of neighboring Asian countries. Since the start of the year, CPC has absorbed about NT$14 million in fuel price increases to help stabilize domestic costs.

Source: Taipei Times February 15, 2026 17:15 UTC