China likely to cut gasoline, diesel retail prices: analysts (1/4)

A staff member of a gas station refuels a car in Changchun, capital of northeast China's Jilin Province, Nov. 12, 2012. China will likely cut gasoline and diesel retail prices recently, as crude oil prices have dropped close to the price adjustment threshold, analysts said Saturday. The price cuts could be between 300 yuan (47.62 U.S. dollars) and 350 yuan per tonne. (Xinhua/Lin Hong)