Russia’s largest oil company ditches dollar in new oil deals ...News

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Russia’s largest oil company ditches dollar in new oil deals
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 of September, Rosneft is seeking euros as the default option of payment for its crude oil and products, Reuters reported on Thursday, quoting tender documents the Russian firm has published. “Rosneft has recently adjusted all the new contracts for export supplies to euros,” a trader at a company that regularly procures oil from Rosneft told Reuters, adding that buyers have already been notified of the change. Also on rt.com Russia will only

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