The nation’s two oil refiners yesterday said yesterday they would increase domestic gasoline and diesel prices today, raising the prices of all gasoline products above NT$30 per liter for the first time this year.
CPC Corp, Taiwan (CPC, 台灣中油) and Formosa Petrochemical Corp (台塑石化) raised gasoline prices by NT$0.60 a liter and diesel prices by NT$1.00 a liter, the companies said.
Customers living in areas that were hit hard by Typhoon Morakot will continue to enjoy discounts of NT$2.30 per liter for gasoline and NT$1.40 for diesel, they said.
Meanwhile, the Ministry of Economic Affairs is reviewing CPC’s floating price mechanism and said it would reach a conclusion before the end of the year, a ministry statement showed.
RSS