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Markets

China to cut retail price of gasoline and diesel

Published December 26, 2014 Updated December 26, 2014 10:16am

imageBEIJING: China will cut retail prices for gasoline by 520 yuan ($84) per tonne and for diesel by 500 yuan ($81) per tonne from Saturday, on falling world oil prices, the powerful economic planning agency said on Friday, its tenth straight cut since July.

Copyright Reuters, 2014

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