CPC to retain fuel prices this week

Taipei--The state-owned CPC Corp., Taiwan (??) said Sunday that it has decided not to adjust its gasoline and diesel prices this week.

Fuel prices at CPC gas stations islandwide will remain at NT$22.6 per liter for super diesel, NT$24.9 per liter for 92 octane unleaded, NT$26.4 per liter for 95 unleaded and NT$28.4 per liter for 98 unleaded, the company said.

CPC said its decision was based on a spike in United States' commercial crude inventory for the eighth consecutive week.

Meanwhile, the company's major competitor, Formosa Petrochemical Corp. (????), also announced Saturday that its fuel prices would remain unchanged this week.

Source: Focus Taiwan News Channel