Fuel costs remain unchanged until coming week: refineries
The China Post news staffTAIPEI, Taiwan -- Taiwan's two oil refineries have decided to keep prices for their fuel products unchanged on the domestic market for the week starting today.
October 21, 2013, 12:02 am TWN
Executives at CPC Corp., Taiwan, a state-owned enterprise, said yesterday that suggested retail prices for the company's 92-, 95- and 98-grade unleaded gasoline will stay at their previous levels of NT$33.60, NT$35.10 and NT$37.10 per liter, respectively.
The price of the company's super diesel fuel will also remain at the previous week's level of NT$32.40 per liter.
CPC Corp. executives said that major factors in this week's unchanged prices included stable crude oil import costs on the international markets helped by the United States Congress's successful raising of the U.S. debt ceiling, a renewed multinational dialogue on Iran's nuclear power facilities, and a New Taiwan dollar which has been inching up lately.
Formosa Petrochemical Corp., Taiwan's major private-sector oil refinery, announced a similar range of price freezes for its own fuel products.