One Of The World’s Largest Oil Companies Just Ditched The Dollar — Tsvetana Paraskova

Summary:
Russia’s largest oil company Rosneft has already completed the switch away from the U.S. dollar to euros in its export contracts to minimize risks from potential new U.S. sanctions, Rosneft’s chief executive Igor Sechin said on Thursday.... Russia is looking at ways to settle its energy transactions in euros and/or rubles in order to avoid dealing with dollars, Russian Economy Minister Maxim Oreshkin told the Financial Times in an interview earlier this month. OilpriceOne Of The World’s Largest Oil Companies Just Ditched The DollarTsvetana Paraskova

Topics:
Mike Norman considers the following as important: de-dollarization, Rosneft

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