Russia’s Largest Oil Company Ditches Dollar In New Oil Deals
By Tsvetana Paraskova - Oct 03, 2019, 11:00 AM CDT
Russia’s largest oil company Rosneft has set the euro as the default currency for all new exports of crude oil and refined products, as the state-controlled giant looks to switch as many sales as possible from U.S. dollars to euros in order to avoid further U.S. sanctions against it.
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