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China to Cut Diesel and Gasoline Prices

OIL PRODUCTS

China will cut retail prices for diesel and gasoline due to changed in international oil prices, according to the NDRC.

  • Gasoline prices will be cut by 140 y/t (USD 19.51/mt) while diesel prices will fall by 135 y/t.
  • The prices of refined oil are adjusted based on international crude oil prices.

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