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Buying Oil in Diff Currency

  • Nargis
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19 Nov 2012 20:59 #111875 by Nargis
Other than the USD

Why cant other countries buy oil with thier own currency without the americans getting vex

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19 Nov 2012 21:02 #111876 by ketchim
OPEC agreement ?

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  • Nargis
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19 Nov 2012 21:23 #111877 by Nargis
I dont know...why does there have to be a rule to only trade in USD?

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19 Nov 2012 21:24 #111878 by ketchim
www.opec.org/opec_web/en/data_graphs/40.htm

Not a rule ...50 years ago the USD was de currency  :wink:

Now its toilet paper !

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