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Thread: Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC,' say sources

  1. #1

    Default Saudi Arabia threatens to ditch dollar oil trades to stop 'NOPEC,' say sources

    The kingdom has nearly $1 trillion invested in the United States and holds some $160 billion in US Treasuries.
    Just the prospect of NOPEC has already had implications for the Organisation of Petroleum Exporting Countries.
    Qatar, one of the core Gulf OPEC members, quit the group in December because of the risk NOPEC could harm its US expansion plans.




    https://www.cnbctv18.com/market/comm...es-2847301.htm

  2. #2

    Default

    Well, to my untrained Eye it sure LOOKS like something is going on...
    oil is Moving Higher EVERYTIME the DOW and other Fake Indices Numbers go higher.
    Gas is at $3 a Gallon for Regular here in Michigan Today.
    x3

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