Showing posts with label
Oil and Currencies
.
Show all posts
Showing posts with label
Oil and Currencies
.
Show all posts
Monday, October 5, 2009
Oil and The Ugly Currency Contest
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A story in the UK Independent claims that an international agreement ("confirmed to The Independent by both Gulf Arab and Chinese bank...
Thursday, June 11, 2009
A Market Yen for Kiloliters
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As mentioned in Oil 101 , oil is traded in US dollars because it most efficient for everyone (consumers and producers) involved. Oil floats ...
Friday, May 8, 2009
Great Wall, Currency Fall
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People I met in China (the final country on my Asian tour) earlier this week are optimistic about growth. Chinese stores are bustling and g...
Friday, March 20, 2009
Oil as a Currency
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Oil is a currency. It floats in relation to the US dollar and all other paper currencies. This is why it is ridiculous when some say that oi...
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