Domestic diesel prices to drop, gasoline unchangedBy Chen Cheng-hui / Staff reporterCPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) are to lower domestic diesel prices this week, but leave gasoline prices unchanged from last week. In separate statements yesterday, state-run CPC and privately owned Formosa said that they would lower diesel prices by NT$0.1 per liter, effective today, following price cuts of NT$0.2 per liter for gasoline and diesel the previous week. Based on its floating oil price formula, CPC said that the cost of crude oil last week had declined by 1.83 percent from a week earlier. Effective today, gasoline prices at CPC and Formosa stations are to fall to NT$29.7, NT$31.2 and NT$33.2 per liter for 92, 95 and 98-octane unleaded gasoline respectively, the companies said. Premium diesel is to cost NT$27.2 per liter at CPC stations and NT$27.0 at Formosa pumps, they said.

Source: Taipei Times November 05, 2023 21:35 UTC