Global Market and Global Prices

working days: Under an oil pricing policy in place since the start of 2013, the NDRC can adjust the price every 10 working days based on changes in the global market, should the change be more than 50 yuan per tonne, according to Xinhua China. Although global oil prices have been under pressure from slowing demand in China, a robust appetite from the United States, weakening U.S. dollar, along with the recovering U.S. stock market have helped support prices. Retail price of gasoline and diesel will both rise by 90 yuan per tonne, or 0.07 yuan per liter and 0.08 yuan per liter, respectively. (news.financializer.com). As reported in the news.