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CPC Maintains Fuel Price Freeze, Cumulative Absorption Reaches NT$17.63 Billion

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AI Summary (NQ-processed)

CPC Corporation, Taiwan announced it will maintain unchanged gasoline and diesel prices from June 15 to June 21. Since the outbreak of the U.S.-Iran conflict on February 28, CPC has absorbed approximately NT$17.63 billion in price differentials as of June 14.

AI Analysis

Frequently Asked Questions

Q: Why is CPC keeping fuel prices frozen?
A: To stabilize living costs and industrial operations amid rising global oil prices due to Middle East tensions.
Q: How much has CPC absorbed in price differences?
A: CPC has absorbed a total of NT$17.63 billion in fuel price differences from February 28 to June 14.
Q: How do Taiwan's fuel prices compare regionally?
A: Taiwan's gasoline and diesel prices remain the lowest among neighboring Asian countries.