CHINA STATE PLANNER said effective 24:00 on June 18 domestic gasoline and diesel
(standard) prices will be cut by 515 yuan/ton and 495 yuan/ton respectively,
marking a second consecutive reduction in refined fuel prices. After the
adjustment most regions will see diesel retail at 7.7–7.9 yuan/liter and
92-octane gasoline at 7.8–7.9 yuan/liter. The cut reduces private car owners'
fuel costs.