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Shanghai Daily News Digest

Fuel gets cheaper as global crude prices fall   2014-09-02

 

 

FUEL prices in Shanghai will be cheaper from today after China announced a cut in prices on the heels of falling global crude oil rates.

It is the third consecutive reduction under the central government’s price mechanism.

In Shanghai, the ceiling price for 92-octane gasoline will fall to 7.51 yuan per liter from 7.59 yuan, while 95-octane will drop to 7.99 yuan from 8.08 yuan. Diesel will sell for 7.42 yuan per liter in the city.

 


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