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Price change may draw demand headwinds

CHINA'S much anticipated fuel pricing changes have been brought in but while the move brings the country a step closer to having a market-based energy pricing mechanism, continued lack of clarity means the impact on demand remains uncertain. <b>By Gomati Jagadeesan</b>

Price change may draw demand headwinds

Late last month China's powerful National Development and Reform Commission announced a pricing mechanism for refined oil products in an effort to better reflect the volatility in the global crude oil...

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