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China raises oil prices

Published May 24, 2006
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BEIJING, May 23: China raised on Tuesday the price of gasoline, diesel and kerosene for aviation by more than $60 a ton, state media said. Prices for the processed oil will rise by 500 yuan ($62.4) a ton as of Wednesday, the official Xinhua news agency said, quoting sources from the State Development and Reform Commission.—AFP

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