China sets a crude oil price floor for fuel price adjustments

Discussion in 'Market News' started by ForexLive, Jan 13, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Latest reforms from the NRDC. Bloomberg reporting - China to adopt regular fuel adjustment if oil between $40-$130 per barrel - may not raise fuel prices when global oil above $130 per barrel Sometimes you have to wonder whether these guys are in the real world.

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