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Groups call for short- and long-term measures to address slow fuel price cuts
Summary by MACAU DAILY TIMES 澳門每日時報
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Groups call for short- and long-term measures to address slow fuel price cuts
Local groups have urged the government to introduce both short- and long-term regulatory measures to address concerns that fuel prices rise quickly but fall slowly, as international oil prices have declined while local retail prices have not seen comparable reductions. According to a report by Macao Daily News, industry representatives said fuel pricing by suppliers and the level of government oversight are key factors affecting local fuel costs…
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