Normal
well it seems less oil ( and gas ) will be traded in US dollars and Russia is rather willing to sell via long term contracts ( just no longer in US dollars or euros ) now the Saudis have plenty of oil left , but what will they swap if for , Indian manufactured BMWs , Brazilian beef , Russian wheat and corn , perhaps assuming a fair chunk of OPEC+ start trading outside the Western dominated markets , will the price of POO go higher as there is less competition in Western markets along with ballooning production and transport costs cheers
well it seems less oil ( and gas ) will be traded in US dollars and Russia is rather willing to sell via long term contracts ( just no longer in US dollars or euros )
now the Saudis have plenty of oil left , but what will they swap if for , Indian manufactured BMWs , Brazilian beef , Russian wheat and corn , perhaps
assuming a fair chunk of OPEC+ start trading outside the Western dominated markets , will the price of POO go higher as there is less competition in Western markets along with ballooning production and transport costs
cheers
Hello and welcome to Aussie Stock Forums!
To gain full access you must register. Registration is free and takes only a few seconds to complete.
Already a member? Log in here.
