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No moves to shift oil from dollar: OPEC sec-gen

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maddezmom DU Moderator Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Donate to DU! Tue Oct-20-09 05:35 AM
Original message
No moves to shift oil from dollar: OPEC sec-gen
Source: Reuters

LONDON (Reuters) - OPEC Secretary-General Abdullah al-Badri said on Monday he knew of no plans to shift international oil trade away from its dollar denomination.

When asked if he was aware of any such moves, Badri said: "No, no, this is a 100 percent member country policy."

Reiterating that oil trade denomination issues were the concerns of individual OPEC members rather than group policy, Badri also said dollar weakness was a concern for exporters.



Read more: http://www.reuters.com/article/ousivMolt/idUSTRE59J1E42...

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   Merci beaucoup. No moves to shift dollars from oil either.  denem   Oct-20-09 08:54 AM   #1 
   Good. n/t  Qutzupalotl   Oct-20-09 02:38 PM   #2 
   How do you say "Pump and Dump" in Arabic? n/t  Strelnikov_   Oct-20-09 03:07 PM   #3 
 
denem (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Oct-20-09 08:54 AM
Response to Original message
1. Merci beaucoup. No moves to shift dollars from oil either.

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Qutzupalotl Donating Member (1000+ posts)  Journal Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Oct-20-09 02:38 PM
Response to Original message
2. Good. n/t

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Strelnikov_ Donating Member (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Oct-20-09 03:07 PM
Response to Original message
3. How do you say "Pump and Dump" in Arabic? n/t

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DU AdBot (1000+ posts) Click to send private message to this author Click to view this author's profile Click to add this author to your buddy list Click to add this author to your Ignore list Tue Feb 09th 2010, 10:57 PM
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