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Urgent: China raises retail oil prices

Xinhua, February 27, 2015 Adjust font size:

China's top economic planner on Friday announced the retail price of gasoline would be raised by 390 yuan (63.7 U.S. dollars) per tonne and diesel by 375 yuan per tonne.

The adjustment that will come into effect on Saturday means retail prices will edge up to 6910 yuan per tonne for gas and 5945 yuan per tonne for diesel, according to the National Development and Reform Commission. Endi