Buying Oil in Diff Currency

11-19-2012, 10:59 PM

11-19-2012, 10:59 PM #1

Other than the USD

Why cant other countries buy oil with thier own currency without the americans getting vex

ketchim · 11-19-2012, 11:02 PM

11-19-2012, 11:02 PM #2

OPEC agreement ?

11-19-2012, 11:23 PM

11-19-2012, 11:23 PM #3

I dont know...why does there have to be a rule to only trade in USD?

ketchim · 11-19-2012, 11:24 PM

11-19-2012, 11:24 PM #4

http://www.opec.org/opec_web/en/data_graphs/40.htm

Not a rule ...50 years ago the USD was de currency :wink:

Now its toilet paper !