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Forum - Ipath Oil Return - OIL   

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From: apmoore (Rep: 33) reply to BottomofChartDate: 04/06/2018 10:40
Forum: Ipath Oil Return - Msg #10008Thread #674001790 (Rec: 0)
Re: China just opened the Petrol Yuan this week where China is buying oil in chin...

This is a dangerous prospect for the US, but I don't see any middle east country accepting Petrol Yuan for Oil as china get most of its oil from there. Who's going to accept the Petrol Yuan from those same Middle east countries that want to buy other resources that can only be bought with US dollars?



Reply to BottomofChart - Msg #2728136 - 04/06/2018 10:32

China just opened the Petrol Yuan this week where China is buying oil in chinese yuan instead of the us dollar if they can get it where they can purchase all there oil imports with there own currency all of a sudden they dont need all those us dollars or nearly as many. Re: China acting unreasonable by Retaliating ?You have $500B surplus and you wan...
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