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Motorists queue ahead of China fuel price rise - 20 June 08 Posted by: AlJazeeraEnglish
Video duration: 149 seconds Global video hits: 2413 On Friday Beijing hiked the cost of fuel by 18-percent. As a result -on the other side of the globe in New York - oil prices fell by almost five-dollars. Traders are worried that Chinese consumers won't buy as much petrol - dampening global demand for oil. Al Jazeera's Laura Kyle reports on how China's price rise is providing hope for the rest of globe. Related: al, aljazeera, barrell, china, jazeera, kyle, laura, market, new, oil, price, stock, york |
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