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Thursday, October 23, 2014

Cheaper Oil: Both Symptom and Balm | The Economist

www.economist.com/news/finance-and-economics/21625819-oil-price-tumbling-good-or-bad-news-world-economy-both?fsrc=scn/tw_ec/both_symptom_and_balm

Until a few years ago, all oil business among the nations was transacted with 'petrol-dollars' using the US Dollar exclusively.  More OPEC countries are opting to trade in other currencies such as the Chinese Yuan. 

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