Saudi Arabia considers accepting yuan instead of dollars for Chinese oil sales

Talks between Riyadh and Beijing have accelerated as the Saudi unhappiness grows with Washington. Saudi Arabia is in active talks with Beijing to price some of its oil sales to China in yuan, people familiar with the matter said, a … Read More

Sasse: Saudi oil deal with China is ‘big, bad thing,’ that could be sign of global shift away from US

Sasse warned of what could happen if other countries view the U.S. as ‘weak.’ News that Saudi Arabia is considering pricing oil sales to China using the Chinese yuan instead of the U.S. dollar has Sen. Ben Sasse, R-Neb., concerned … Read More

OPEC would miss ‘friend Trump’, wary of strains under Biden, sources say

LONDON/DUBAI (Reuters) – Key members of OPEC are wary that strains in the OPEC+ alliance could reemerge with Joe Biden as U.S. President, sources close to the organization said, and would miss President Donald Trump who went from criticizing the … Read More