Saudi Arabia, the world’s largest crude oil exporter, is open to discussing oil trade settlements in currencies other than the U.S. dollar, Saudi Minister of Finance, Mohammed Al-Jadaan, told Bloomberg TV in an interview in Davos on Tuesday. The Saudi signal that it could be open to talks about oil trade arranged in non-dollar currencies could be another threat to the current dominance of the U.S. dollar in global oil trade. “There are no issues with discussing how we settle our trade arrangements, whether it is in the US dollar, whether…
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Saud Arabia’s Oil Gamble Pays Off With $95 Brent
When back in July Saudi Arabia announced voluntary additional oil production cuts, traders brushed them off. Prices did not move. Everyone was preoccupied with demand in China and the U.S. Three months later, things look very different. The Saudis and ...
Saud Arabia’s Oil Gamble Pays Off With $95 Brent
When back in July Saudi Arabia announced voluntary additional oil production cuts, traders brushed them off. Prices did not move. Everyone was preoccupied with demand in China and the U.S. Three months later, things look very different. The Saudis and ...
Is The US Military Laying The Groundwork To Reinstitute The Draft?
Is The US Military Laying The Groundwork To Reinstitute The Draft?
Authored by Zachary Yost via The Mises Institute,
The most recent edition of the US Army War College’s academic journal includes a highly disturbing essay on what lessons ...
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Saud Arabia’s Oil Gamble Pays Off With $95 Brent
When back in July Saudi Arabia announced voluntary additional oil production cuts, traders brushed them off. Prices did not move. Everyone was preoccupied with demand in China and the U.S. Three months later, things look very different. The Saudis and ...
Saud Arabia’s Oil Gamble Pays Off With $95 Brent
When back in July Saudi Arabia announced voluntary additional oil production cuts, traders brushed them off. Prices did not move. Everyone was preoccupied with demand in China and the U.S. Three months later, things look very different. The Saudis and ...
Is The US Military Laying The Groundwork To Reinstitute The Draft?
Is The US Military Laying The Groundwork To Reinstitute The Draft?
Authored by Zachary Yost via The Mises Institute,
The most recent edition of the US Army War College’s academic journal includes a highly disturbing essay on what lessons ...
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