In the News
China's petrol price floor
Geoff Riley
6th March 2016
Fuel prices are plunging in many countries across the world but not in China where prices at the pumps are frozen when global crude oil prices dip below $40 a barrel. Perhaps the price floor is a mechanism for protecting the profits of China's leading state-owned petroleum companies?
Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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