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China raises retail oil prices
(Reuters)
Updated: 2006-03-26 09:50
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Taxis wait to get their tanks filled before the rise in oil prices at a gas station in China's capital Beijing March 26, 2006. China will raise retail diesel and gasoline prices for the first time in eight months this weekend, but the 3-5 percent increase will leave refiners in the red and do little to deter fuel demand. [Reuters]