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China to raise gasoline, diesel prices

Posted on June 19, 2008

From Reuters: China to raise gasoline, diesel prices China, the world's second largest oil consumer, will increase retail gasoline and diesel prices by 1,000 yuan ($145.50) per tonne from Friday, according to industry sources. See the analyst comments in the story. Meanwhile, the Shanghai cliff diving continues with the SSE Composite Index off 6.5% last night. Click on graph for larger image...

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Tags:
analyst , oil , yuan
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