Beijing

Retail fuel prices to be increased

The retail prices of gasoline and diesel will be raised on Saturday, the National Development and Reform Commission said on Friday. The benchmark price of gasoline will be raised by 0.24 yuan (4 cents) per liter and diesel by 0.26 yuan per liter. It will be the fourth price hike this year, as well as the biggest increase since September 2012. Gasoline and diesel prices also went down four times this year.