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China hikes retail oil prices

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BEIJING, April 10 (Xinhua) -- Retail prices for gasoline will increase by 120 yuan (19.6 U.S. dollars) per tonne and diesel by 115 yuan, China's top economic planner said Friday.

The adjustment, which will come into effect Saturday, means the benchmark retail price of gasoline will increase 0.09 yuan per liter and that for diesel up by 0.1 yuan, the National Development and Reform Commission (NDRC) said in a statement.

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