(MENAFN) China announced to cut the retail price of gasoline by USD48.78 per ton and that of diesel by USD47.19, QNA reported.
However, this considered the sixth consecutive cut and the largest single fall, local media said.
Benchmark retail gas prices reduced by USD0.12 since the beginning of July.
This also marks the 10th time that retail oil prices have been cut this year. The last cut came on September 29.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.