CPC cuts gasoline, diesel prices by NT$0.6, NT$0.7

CPC Corp. is now selling 92-, 95- and 98-grade gasoline at NT$33.4, NT$34.9, NT$36.9, respectively, and super diesel at NT$32.2 a liter — the lowest prices since Aug. 13.

After the price cuts, drivers will be able to save NT$30 for every 50 liters of gasoline.

Formosa Petrochemical, CPC's main competitor, also announced that it will cut its gasoline and diesel prices by the same margins. It is now selling 92-, 95- and 98-grade gasoline at NT$33.3, NT$34.9, NT$37.1, respectively, and diesel at NT$32.2 a liter.

The recent decrease in international oil prices was mainly due to the ongoing European sovereign debt crisis, worse-than-expected financial reports of several major U.S. corporations and the increase in global crude oil storage, according to Formosa Petrochemical's website.

SHARE CLOSE
Blogger		Google+
Live Journal		Plurk
Stumble Upon

Tweet

	PREVIOUS ARTICLE
	No local tsunami warning issued after Canada quake

NEXT ARTICLE
Calls for Microsoft to up apps for Surface tablets

Write a Comment

Terms

Enter your comments - 3000 characters max

Type in image code

 Receive China Post promos
 Respond to this email

Submit