Breaking News, World News and Taiwan News.

Mainland hikes fuel prices for second month as oil-giants' shares take a fall

AFP
September 12, 2012, 12:04 am TWN

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

SHANGHAI -- China on Tuesday hiked government-set fuel prices for the second month in a row with shares in listed oil giants falling despite expectations the move would narrow their losses.

State planner the National Development and Reform Commission said late Monday it would raise retail prices for gasoline and diesel.

The benchmark price for petrol rose 6.6 percent to 8,840 yuan (US$1,403) per ton and diesel rose 7.2 percent to 8,020 yuan per ton, according to a statement.

SHARE CLOSE


Blogger		Google+


Live Journal		Plurk


Stumble Upon

	PREVIOUS ARTICLE
	China outbound investment surges to record high in April-June: equity firm

NEXT ARTICLE
Japan buys disputed islands, China sends patrol ships

Sponsors
▪	"JJshouse is the leading supplier of all kinds of dresses. You can buy your favorite prom dresses here."
▪	EyewearCanada.com offers prescription glasses from $5.95. 100% Satisfaction guaranteed.
▪	Save 75% for all hotels in Shanghai, Beijing and whole China. Lowest rates for Flights in China.
▪	Buy cheap eyeglasses online and save up to 80% over regular retail price when you buy prescription eyeglasses at cheapglasses123.com.
▪	Buy china wholesale products from reliable chinese wholesalers on DHgate.com!
▪	Myreviewsnow.net offer you the power of making informed purchases before you buy, with product reviews and online consumer myreviewsnow.net.
▪	GlobalMarket.com is the largest China suppliers B2B directory can help you find quality made in China products, Promotional Products.
▪	The best place to buy custom tailored prom dress for your big day is at JennyJoseph.com
▪	Select hotel by map and save 75% in thousands hotels in Canton, Beijing and 500 cities in China.