BEIJING: China will lower domestic retail petrol and diesel price caps from Tuesday (Apr 21) night, marking its first cut this year as global oil prices retreated from their peaks of the Iran war . The price drop will save a private car owner about US$3.23 to fill a 50 litre tank of 92-octane petrol. Beijing has raised maximum retail prices for petrol and diesel three times since March as the war, which began with US and Israeli strikes on Iran on Feb 28, sent oil prices soaring. The recent two

Tag-uri: Petrol