According to CNA and CTS reports, Taiwan CPC Corporation (台灣中油) announced that gasoline and diesel prices will stay unchanged from July 20 to July 26, 2026, keeping 95-octane unleaded at NT$31.3 per liter. CPC cited sharply escalating US-Iran tensions pushing up international oil prices, and said it has absorbed about NT$15.56 billion under a stabilization program running since February 28.
What did CPC decide effective July 20?
Taiwan CPC Corporation (台灣中油) announced that gasoline and diesel prices will not be adjusted from midnight on July 20 through midnight on July 26, 2026, according to CTS News (news.cts.com.tw). The same freeze was confirmed by CNA (www.cna.com.tw), which reported the identical window — "from July 20 zero hour to July 26 midnight, both gasoline and diesel prices will not be adjusted." CTEE (www.ctee.com.tw) added that the freeze was carried out under what CPC described as a principle of maintaining "the lowest price among neighboring Asian countries."
What are the current retail prices for each fuel grade?
All three outlets — CTS, CNA, and CTEE — reported identical per-liter reference prices for the four fuel grades CPC sells. The figures are laid out below for comparison.
The consistency of these four figures across three independent reports indicates the price schedule was distributed as a single official statement by CPC and republished without variation by each outlet.
Why did CPC decide not to adjust prices?
According to CTS, CPC pointed to "sharply escalating" US-Iran conflict as the driver of continued increases in international oil prices, and said the freeze decision followed consideration of "domestic livelihood and price stability" as well as "subsidy conditions in neighboring Asian countries." CTEE's account attributes the same reasoning directly to CPC, framing the freeze as consistent with the company's stated goal of keeping prices at the lowest level among regional peers amid the escalating conflict.
How much cost has the government and CPC absorbed to stabilize prices?
Both CTS and CNA reported the same breakdown of absorbed costs. The government's expanded commodity tax reduction covered NT$3.7 per liter for gasoline and NT$2.1 per liter for diesel. For the July 20–26 period specifically, CPC itself absorbed an additional NT$0.3 per liter on gasoline and NT$1.1 per liter on diesel. Combined, the total absorbed reached NT$4.0 per liter for gasoline and NT$3.2 per liter for diesel — figures confirmed identically in both the CTS and CNA reports.
What is the cumulative cost absorbed under the stabilization program since Feb 28?
CTS reported that CPC's stabilization measures, running from February 28 through July 19, 2026, resulted in a combined absorption of approximately NT$15.56 billion (155.6億元) across gasoline and diesel. CTEE's independent account matches this figure exactly, stating that CPC "still absorbed approximately NT$15.56 billion" over the same period through its project-based stabilization measures.
What this means
The figures reported by CTS, CNA, and CTEE line up consistently: a roughly five-month-old stabilization program (Feb 28–July 19) has already cost CPC and the government a combined NT$15.56 billion, and the per-liter absorption for the July 20–26 window alone — NT$4.0 for gasoline and NT$3.2 for diesel — shows CPC adding its own NT$0.3 and NT$1.1 on top of the government's standing NT$3.7 and NT$2.1 commodity tax relief. Taken together with CPC's stated rationale of escalating US-Iran tensions and a regional "lowest price" benchmark, the reporting frames the July 20 freeze as a continuation of an already-costly, multi-month absorption effort rather than an isolated one-week decision.
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