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 ...

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

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, ...

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 ...

Could the petroyuan usurp the petrodollar and become the dominant currency for global oil trade? If so, such a move would accelerate global de-dollarization and would be disastrous for the United ...

If the petroyuan takes off, it would feed the fire of de-dollarisation. China’s control of more energy reserves and the products that spring from them could be an important new contributor to ...

Petroyuan ambitions highlight China’s growing assertiveness on global stage Tying yuan to crude oil transactions part of China’s larger goal to internationalise its currency, but challenges remain ...

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 -> ...

Russia's war on Ukraine triggered a larger embrace of the yuan for oil sales which could shift the crude market. Kpler lead crude analyst Viktor Katona told Insider that Russia has essentially "become ...