China Petroleum Corporation (CPC) has announced that starting tomorrow (5th) at midnight, the prices of gasoline and diesel will be reduced by NT$1.1 and NT$1.4, respectively. The new reference retail prices will be NT$27.2 per liter for 92 unleaded gasoline, NT$28.7 for 95 unleaded gasoline, NT$30.7 for 98 unleaded gasoline, and NT$25.7 for super diesel.

CPC stated that the adjustments are due to the decline in international oil prices this week and the appreciation of the New Taiwan Dollar against the US Dollar, aligning with the floating oil price mechanism. The price of 95 unleaded gasoline is now below NT$30, which does not trigger the activation threshold for stability measures, and the actual price reduction will help stabilize domestic fuel costs.

Additionally, CPC mentioned that it will continue to operate based on the lowest prices and stabilization measures in the region. As of the end of April in the 114th year, CPC has absorbed approximately NT$4.116 billion in costs.