Executive Summary In the near term, China’s reopening and buying of ESPO crude would likely erode the role of Brent & energy indices (Article by Victor Xing republished from Mises.org) Gulf [.]
Executive Summary In the near term, China’s reopening and buying of ESPO crude would likely erode the role of Brent & energy indicesGulf nations envision the scope of petroyuan to be on par with demands for Chinese goods & technology transferRising yuan payments for Russian energy and more China-Gulf bilateral trade imply future dollar demand declineIn the long term, more
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