Scarce Whales
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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