Oil price may fluctuate without government approval

by Karen Di   2010-12-10

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BEIJING - The price of processed oil in China may fluctuate without the approval of the government, according to a news story on quoting an official from the National Development and Reform Commission. In addition, price fluctuations may also happen every 10 days instead of the current 22 days. This new pricing scheme is expected to be officially issued early next year. 

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