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China will cut the retail prices of gasoline and diesel on Thursday, based on recent changes in international oil prices, the country's top economic planner said on Wednesday. Gasoline prices will be reduced by 235 yuan (about 33 U.S. dollars) per tonne and diesel prices by 225 yuan per tonne, the National Development and Reform Commission (NDRC) said. ...
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A barge hit a bridge in Galveston, Texas, on Wednesday, spilling oil into surrounding waters and closing the only road to a small island, officials said. The bridge that leads to Pelican Island, located just north of Galveston, was hit by a barge around 9:30 a.m., said Ronnie Varela, with the Galveston’s Office of Emergency Management. Varela did not have ...