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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

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    Oil company stops adopting the dollar

    Rocky
    Rocky
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    Oil company stops adopting the dollar Empty Oil company stops adopting the dollar

    Post by Rocky Fri 04 Oct 2019, 2:30 pm

    [size=35][size=35]Oil company stops adopting the dollar[/size]

    Economie


    2019-10-04 | 11:45
    Oil company stops adopting the dollar Doc-P-320675-637058009991145841



    [/size]

    Source:
    Russia Today

    587 views


    [size=18]Ross Neft, Russia's largest crude company, has begun to adopt the euro as the base currency for new export contracts, rather than the US dollar.


    The news agency " Reuters " documents issued by "Ross Naft", that as of last September, "Ross Naft" to adopt the euro as a currency of payment for the supply of crude oil and products.

    A trader at a company that buys oil from "Ross Naft", said that the Russian company has recently moved to the euro in all new contracts, adding that buyers have already been notified of this change.







    It is "Ross Neft", the largest oil company in Russia , with sales of about 2.4 million barrels per day, according to estimates, " Reuters ". Over the past two years, Russia has been

    working to reduce its dependence on the dollar. In this context, it is reducing the share of the US currency in its international reserves due to the sanctions policy adopted by Washington.


    https://www.alsumaria.tv/news/%D8%A7%D9%82%D8%AA%D8%B5%D8%A7%D8%AF/320675/%D8%B4%D8%B1%D9%83%D8%A9-%D9%86%D9%81%D8%B7-%D8%AA%D8%AA%D9%88%D9%82%D9%81-%D8%B9%D9%86-%D8%A7%D8%B9%D8%AA%D9%85%D8%A7%D8%AF-%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1
    [/size]

      Current date/time is Tue 19 Mar 2024, 2:23 am