China seen likely to keep raising fuel prices

Newswire

MOSCOW, March 30 (Reuters) - China's increase in diesel and gasoline prices last weekend is unlikely to be the last this year, a researcher at China National Petroleum Corp told a conference in Moscow on Thursday. Shan Weiguo, director of the oil market department at CNPC's Petroleum Economics and Technology Research Center, said China was likely to continue raising prices gradually. "Within one year (Chinese domestic) product prices will be at the same level as international oil product ...

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