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All content tagged: petroyuan

MintPress - 2020-01-17 - Original post - cached version

Since the U.S. killed Iranian General Qassem Soleimani and Iraqi militia leader Abu Mahdi al-Muhandis earlier this month, the official narrative has held that their deaths were necessary to prevent a vague, yet allegedly imminent, threat of violence towards Americans, though President Trump has...

The Duran - 2018-05-10 - Original post - cached version

Yesterday, Putin observed the necessity of increasing Russia’s economic sovereignty and independence from the petrodollar system, stressing that the West is boosting this process through its economic bullying in the form of sanctions. TASS reports:

MOSCOW, May 8. /TASS...

The Anti Media - 2018-03-31 - Original post - cached version

(ZHE) Just days after Beijing officially launched  Yuan-denominated crude oil futures (with a bang, as shown in the chart below, surpassing Brent trading volume) which are expected to quickly become the third global price benchmark along Brent and WTI, China took the next major step in the...

MintPress - 2018-02-15 - Original post - cached version

BEIJING — Wall Street is bracing for a potential shake-up as China is set to launch its first-ever crude oil futures contract late March at the Shanghai Futures Exchange.

The move, which had been laid out in 2012 but faced delays over possible market turbulence, could represent a bold...

The Duran - 2017-12-12 - Original post - cached version


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The Duran - 2017-12-10 - Original post - cached version


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MintPress - 2017-12-04 - Original post - cached version

Months after Russia became the first country to announce the creation of a state-backed Cryptorouble, Venezuela has followed suit, announcing the creation of El Petro, a state-sanctioned cryptocurrency to be backed by Venezuela’s extensive reserves of crude oil.

Venezuela has already...

The Duran - 2017-12-04 - Original post - cached version


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The Duran - 2017-12-01 - Original post - cached version


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The Duran - 2017-11-14 - Original post - cached version


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The Duran - 2017-11-09 - Original post - cached version


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MintPress - 2017-10-26 - Original post - cached version

Financial analysts are increasingly pointing out that China has some very grand plans when it comes to petroleum markets, and that if those plans succeed, the U.S. could see the dollar threatened as the top global currency. From CNBC on Tuesday:

China is looking to make a...

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