(EnergyAsia, October 27, Tuesday) — The world’s biggest oil producers and Asia’s leading economies are in talks to reduce or even stop using the US dollar as the reference currency for oil trading over the next decade. According to various media reports, finance ministers and central bank governors of Gulf Arab states have been holding…
MARKETS: Oil-producing and Asian nations looking to reduce US dollar oil price reference
Posted on October 26, 2009 by EnergyAsia