Well the dollar crises goes on as Saudi Arabia, the world's largest crude oil exporter come out in defense of the dollar as it rejected a proposal by Iran and Venezuela to discuss the weak dollar at this weekend's OPEC summit in Riyadh, saying it didn't want the U.S. currency to ``collapse.''
Saudi Arabia won't discuss pricing oil in currencies other than the dollar, Saudi Foreign Minister Prince Saud Al-Faisal said, this news was accidentally broadcast to journalists during the meeting of oil and finance ministers today.
16/11/2007
Subscribe to:
Post Comments (Atom)
SOUTH AFRICA SPRINGBOKS
South Africa laid the groundwork with traditional Springbok rugby and finished an out-gunned England side off with two late tries to win ...
-
WorldWatch warns...China's economic growth continued to ease in July,signaling that the world's third-largest economy may need to lo...
-
Asian nations are grappling with record crude prices that have raised the cost of subsidies and caused losses for refineries. Indonesia and...
-
Once more SPECULATION is on the move, now we have Traders, energy economist and OPEC Oil Minister trying to force the crude prices up... ...
No comments:
Post a Comment