Oil price forecast

09:05, March 17, 2010      

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C1 Energy, a brand of commodity market service provider CBI China, predicted Tuesdayretail prices of domestic refined petroleum products may be lifted by around 200 yuan ($29.3) per ton at the end of March or in early April.

The country adjusted domestic oil prices eight times last year, including five increases and three cuts. The last adjustment was November 10.

Source: Global Times
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