Center

China raises retail oil prices

(Reuters)
Updated: 2006-03-26 09:50

A Chinese worker changes price tag of the oil price board 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]