Dawn For The Petroyuan? Putin couldn’t have been more explicit. During Xi’s state visit, he named the Chinese yuan as his favored currency to conduct trade in. Ever since Western sanctions ...

And with China's unslakable thirst for imported oil underpinning its petroyuan ambitions, those U.S. energy companies not in the game will pay the price.

The petroyuan actually was a huge deal but not because it was ever a serious challenge to destroy the dollar; quite the contrary. Ironically, to its headline-grabbing 2018 proponents, ...

Eventually, the petroyuan will pick up steam regionally as well, forcing many Asian countries to "reconsider their trading routines," Kpler's Katona said.

China is aiming to overthrow the U.S. dollar as the currency of choice for the oil market, a move that could have far-reaching consequences. Since the 1970s, the oil trade has almost entirely been ...

China looks to weaken US dollar with petroyuan as oil producers rally to Beijing, and Russia has 'become an Asian nation,' analyst says. Brian Evans . Updated Sun, Jan 8, 2023, ...

The petroyuan actually was a huge deal but not because it was ever a serious challenge to destroy the dollar; quite the contrary. Ironically, to its headline-grabbing 2018 proponents, ...

Petroyuan isn't an answer to that problem, it's one minor way to attempt to treat the symptoms of the greater disease, a malady that is still progressing in strange and risky ways.

China’s Petroyuan Stunts. The dollar has ruled the roost since 1944 and, brother, it is not going anywhere. (DigiPub/Getty Images) Bill Blunden . Mar 14, 2023 12:01 AM. Look ...

First Mover Asia: The Petroyuan Is No Russia Sanctions Buster; Bitcoin 15% Gain Is Largest in a Year as Investors See Opportunity for Crypto The People's Bank of China maintains strict capital ...

Crucially, the “petroyuan” talks were not triggered by events in Ukraine, but have been ongoing for six years. They have been accelerated not by Russia’s invasion, ...

Petrodollar Dusk, Petroyuan Dawn: What Investors Need To Know April 02, 2023 — 08:30 am EDT Written by [email protected] (ETF Trends) for ETF Trends -> ...