Apr 28, 2022
The Saudi government made headlines in March by hinting they might take payment for oil in China's currency, the yuan, breaking with a long history of buying and selling oil exclusively in USD. In this episode, Dan speaks with world renowned energy expert, Anas Alhajji, and learns why this is unlikely to happen anytime soon.
Anas can be found on Twitter at @anasalhajji
His research on the correlation between the US dollar and oil futures on the Shanghai Energy Exchange can be found here.
Are you a longtime subscriber who never misses and episode of YDHTY? I'm building a community to make the show better. Email me at heydan@ydhty.com if you're interested in learning more.