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China cuts fuel prices for second time in a month

(Xinhua)

11:25, June 09, 2012

Taxi cars wait for fueling at a gas station in Shanghai, east China, late at night on June 8, 2012. China lowered the per-tonne retail prices of gasoline and diesel by 530 yuan (84 U.S. dollars) and 510 yuan, respectively, starting from Saturday. The move, which marks the second cut in a month, was made in response to lower crude prices on the global market. (Xinhua/Pei Xin)

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