Tag Archives: Saudi Arabia threatens to ditch dollar oil trades to stop ‘Nopec’: sources

LONDON: Saudi Arabia is threatening to sell its oil in currencies other than the dollar if Washington passes a bill exposing Opec members to US antitrust lawsuits, three sources familiar with Saudi energy policy said. They said the option had been discussed internally by senior Saudi energy officials in recent months. Two of the sources said the plan had been …

Read More »