China to raise retail oil prices

China will raise retail prices for gasoline and diesel starting from today.

A Chinese worker refuels a car at a gas station in Lianyungang city, Jiangsu province on September 3, 2018. [Photo: IC]

Prices for both will be raised by 80 yuan per tonne.

This should cost drivers more by 3-yuan every time they fill up their tanks.

This is fifth consecutive time this year fuel prices have been raised.

Chinese authorities adjust the prices every 10 working days if international crude prices move by more than 50-yuan per tonne during that period.