Taiwan holds gasoline and diesel prices steady as Hong Kong ends fuel subsidies

Taiwan's state-owned CPC Corp announced that, from 00:00 on 13 July to 19 July, retail prices for 92‑octane gasoline, 95‑octane gasoline, 98‑octane gasoline and super diesel will remain unchanged at NT$29.8, NT$31.3, NT$33.3 and NT$28.8 per litre respectively. The firm said the decision reflects recent military clashes in the Middle East that have pushed international oil prices higher, as well as regional price‑subsidy measures in Japan and South Korea. Since the price‑stabilisation programme began on 28 February, CPC has absorbed about NT$16.07 billion in costs to keep domestic pump prices low.

In Hong Kong, the cross‑departmental fuel‑supply task force confirmed that the two‑month commercial‑vehicle tunnel‑fee waiver will expire at 23:59 on 16 July, and the liquid‑propane‑gas (LPG) fuel subsidy for commercial vehicles will end at 23:59 on 30 July. The measures, introduced as temporary support while monitoring Middle‑East supply risks, have kept LPG prices stable. After the deadlines, normal tunnel charges will resume and LPG prices will follow market rates, with the transport department adjusting the electronic toll system to ensure smooth operation.