Gasoline and Diesel Prices Frozen for 8th Consecutive Week; CPC Absorbs Over 15.6 Billion NTD

In response to the tense situation in the Middle East and rising international oil prices, CPC Corporation announced that gasoline and diesel prices will remain unchanged for the 8th consecutive week, from May 25 to May 31. The retail prices will remain at 32.4 NTD for 92 unleaded, 33.9 NTD for 95 unleaded, 35.9 NTD for 98 unleaded, and 31 NTD for super diesel. CPC stated that since the outbreak of the US-Iran war on February 28, it has absorbed approximately 15.67 billion NTD to mitigate the impact on daily life and industrial operations while maintaining market stability.