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Question about Oil
posted by raehza on 7 months ago
189 views

thanks

Good article presented by Telegraph.co.uk would actually provide you with a clearer
understanding of the question you presented.

http://www.telegraph.co.uk/money/main.jhtml;jsessionid=BYRFMD0QYRQTVQFIQMFSFF4AVCBQ0IV0?xm
l=/money/2007/09/19/bcnsaudi119.xml

I heard that when a Company wants to buy crude oil from for example Saudi Arabia, it HAS
to pay in dollars. Is that true? Is the US Dollar the currency that has to be used or can
companies pay in w/e currency they want? Just curious

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