15.01.2009 - China to cut fuel prices after global oil declines
From Bloomberg: China, the world's second-biggest energy user, cut fuel prices for the second time in a month to reflect the decline in global oil prices and reduce costs for factories as the economy slows. The gasoline price will be reduced by 140 yuan ($20.5) a metric ton, or 2 percent, and diesel by 160 yuan a ton, or 3.2 percent, starting tomorrow, according to a statement by the National Development and Reform Commission today and the official Xinhua News Agency..... Full Article: Source