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Cheaper fuel
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Motorists can expect cheaper pump prices in Shanghai from today as the government adjusted rates amid lower crude prices in the global markets. The ceiling retail price for 92-octane gasoline is now 7.61 yuan (US$1.26) per liter from 7.72 yuan while 95-octane is priced at 8.10 yuan from 8.21 yuan. Zero-grade now sells for 7.53 yuan maximum versus 7.63 yuan before, according to the Shanghai Development and Reform Commission.
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