China's extensive gold buying spree has been due to a strategic preparation for a shift in global monetary power. The Shanghai International Energy Exchange launched yuan oil futures. This will shift ...
Credit Suisse's Zoltan Pozsar: the de-dollarization of the global oil industry is in full swing–even if we can’t see the final end game from here. Some 40% of proven oil reserves belonging to OPEC+ ...
China’s decision to push forward with the Petro-yuan appears to be a challenge to the US’ global energy market hegemony, but it remains to be seen if it can make a significant impact ...
The de-dollarization of the global oil industry is in a treacherous mission creep phase. Things like this don’t happen quickly, but determinedly and gradually, not exactly fitting into today’s media ...