Gas Prices Frozen; CPC Taiwan's Cumulative Absorption Reaches NT$16.66 Billion
CPC Taiwan announced that gasoline and diesel prices will remain unchanged from June 1 to June 7. The move aims to stabilize domestic prices amid Middle East tensions, with cumulative costs absorbed since the US-Iran war reaching NT$16.66 billion.
📋 Article Processing Timeline
- 📰 Published: May 30, 2026 at 15:15
- 🔍 Collected: June 1, 2026 at 00:04 (32h 49m after Published)
- 🤖 AI Analyzed: June 2, 2026 at 00:18 (24h 13m after Collected)
While the rise in international oil prices has slowed, the situation in the Middle East remains volatile. CPC Corporation, Taiwan, announced today that gasoline and diesel prices will remain unchanged from midnight on June 1 to midnight on June 7.
CPC stated that the reference retail prices for various fuels are: 92 unleaded gasoline at NT$32.4 per liter, 95 unleaded at NT$33.9, 98 unleaded at NT$35.9, and super diesel at NT$31. Domestic retail prices remain the lowest among neighboring Asian countries.
CPC explained that given the high uncertainty in the Middle East and considering subsidies in neighboring countries, it will continue to absorb costs to protect domestic livelihoods and stabilize prices. From June 1 to June 7, CPC will absorb a total of NT$1.8 and NT$3.3 for gasoline and diesel, respectively.
From the outbreak of the US-Iran war on February 28 to May 31, based on the floating oil price mechanism and the war-related stabilization mechanism, CPC estimates it has absorbed approximately NT$16.66 billion. The company aims to minimize the impact on daily life and industrial operations while maintaining market mechanisms.
CPC stated that the reference retail prices for various fuels are: 92 unleaded gasoline at NT$32.4 per liter, 95 unleaded at NT$33.9, 98 unleaded at NT$35.9, and super diesel at NT$31. Domestic retail prices remain the lowest among neighboring Asian countries.
CPC explained that given the high uncertainty in the Middle East and considering subsidies in neighboring countries, it will continue to absorb costs to protect domestic livelihoods and stabilize prices. From June 1 to June 7, CPC will absorb a total of NT$1.8 and NT$3.3 for gasoline and diesel, respectively.
From the outbreak of the US-Iran war on February 28 to May 31, based on the floating oil price mechanism and the war-related stabilization mechanism, CPC estimates it has absorbed approximately NT$16.66 billion. The company aims to minimize the impact on daily life and industrial operations while maintaining market mechanisms.
FAQ
Do gas prices in Taiwan change weekly?
Yes, they are adjusted weekly based on international prices, though policy interventions can freeze them.