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China Daily | Updated: 2017-05-12 07:13

China cuts retail gasoline, diesel prices

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China will lower gasoline retail prices by 250 yuan ($36.22) per metric ton and diesel fuel by 235 yuan per ton from Friday, the National Development and Reform Commission said in a statement on its website on Thursday. The decrease is the fourth and the biggest so far this year as crude oil prices continued to drift lower.

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