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    • Ll1979 replied Apr 8, 2020

      I don't know what to expect anymore. I think it all comes down to the US and Russia eventually and i think Russia has the upper hand since they mostly export to Europe which wont be hurt by potential US tariffs.

      WTI Crude Oil Trading
    • Ll1979 replied Apr 8, 2020

      All over the world there are several crude brands (WTI, Brent and OPEC basket for example) which have their own price. Since oil in global terms is an export product most of the transactions are paid in US dollars (more history on petro dollar -> ...

      WTI Crude Oil Trading