CPC Corp Will Cut Gasoline and Diesel Prices
Taiwan's CPC Corporation has announced it will cut gas and diesel prices from Monday to June 28. The fuel supplier says oil prices have fallen since the US and Iran announced a memorandum of understanding in signing a deal to end the war in the Middle East.
Gas Prices
REPORTER:
Taiwan’s CPC Corporation has announced it will cut gas and diesel prices starting Monday.
REPORTER:
It will cut the cost of gasoline by around 3 cents US per liter, and the cost of diesel by around 2. It said those prices will last until June 28.
REPORTER:
Prices had been frozen for several months amid conflict in the Middle East. The corporation says international oil prices have fallen after Iran and the US signed an interim deal to end the war – but emphasized the situation remains unpredictable.
