China set for 3rd fuel price cut since May

0 Comment(s)Print E-mail China.org.cn, July 11, 2012

A staff member of a gas station prepares to fill a car with fuel just after fuel price cut in Yingchuan, capital of northwest China's Ningxia Hui Autonomous Region, July 11, 2012. China slashed the benchmark retail price for gasoline by 420 yuan (66.46 U.S. dollars) per metric ton (tonne) and the price for diesel by 400 yuan per tonne starting from Wednesday. The decreases mark the third fuel price cut in two months, as crude oil costs have continued to fall since China's most recent price cuts in June.

A staff member of a gas station prepares to fill a car with fuel just after fuel price cut in Yingchuan, capital of northwest China's Ningxia Hui Autonomous Region, July 11, 2012. China slashed the benchmark retail price for gasoline by 420 yuan (66.46 U.S. dollars) per metric ton (tonne) and the price for diesel by 400 yuan per tonne starting from Wednesday. The decreases mark the third fuel price cut in two months, as crude oil costs have continued to fall since China's most recent price cuts in June.



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