Fuel prices reduced as crude slumps further
FUEL prices in Shanghai will be lower from today after the government announced a price cut in line with the falling cost of crude oil.
The new ceiling price on 92-octane gasoline is 6.09 yuan (US$1) per liter, down from 6.28 yuan, while a liter of 95-octane is now 6.48 yuan, down from 6.69 yuan. The new price of diesel is 5.71 yuan per liter, down from 5.91 yuan.
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