China cut domestic prices for gasoline and diesel on Monday because of an oil price drop in the global crude oil market.
Retail prices will be reduced by 110 yuan ($16) per ton for gasoline and 105 yuan per ton for diesel, the National Development and Reform Commission (NDRC) said on its website on Monday, noting that the price cut comes into effect on Tuesday.
That means most private car drivers in China can save around 4 yuan when filling up a standard 50-litre fuel tank.
According to China's oil pricing mechanism, the price can be changed every 10 working days should there be a substantial change in the global market price.
The NDRC has reduced oil prices four times and raised them five times this year, tracking changes in international crude oil prices.
