CurrenciesHow a Saudi pullback from a landmark US deal would be bad news for dollar dominanceJune 21, 202462Matt Anderson Photography/Getty, Tyler Le/BISaudi Arabia is moving away from the US dollar in the oil trade as it looks...
CurrenciesFake news: Saudi petrodollar deal with U.S. ended this month – Ledger InsightsJune 17, 202483There’s a fake petrodollar news story doing the rounds that Saudi Arabia and the U.S. had a 50-year contract in...
CurrenciesWhat was the US-Saudi petrodollar deal that lapsed after 50 years? – FirstpostJune 13, 202467The deal signed on 8 June, 1974, allowed US dollars to be exchanged for crude oil exports. ReutersThe US-Saudi Arabia...
CurrenciesA Spate Of Recent Deals Raises Chatter Of A Fading PetrodollarApril 2, 202367international oil trades for decades. A spate of recent deals and bilateral agreements involving key oil sellers and buyers has...