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China calls for oil to be swapped with yuan at Gulf summit in Saudi Arabia

China calls for oil to be swapped with yuan at Gulf summit in Saudi Arabia

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Former senior adviser to Secretary of State Pompeo Mary Kissel reacts to Xi Jinping’s meeting with the Saudi crown prince, telling ‘Mornings with Maria’ that it is an “important strategic move by China”. Chinese President Xi Jinping on Friday called on leaders of major oil-producing nations to conduct oil sales using the Chinese yuan as …

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When China and Saudi Arabia meet, nothing matters more than oil | CNN Business

When China and Saudi Arabia meet, nothing matters more than oil | CNN Business

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hong kong CNN Business — Chinese President Xi Jinping is visiting Saudi Arabia this week for the first time in nearly seven years, during which he is expected to sign billions of dollars in deals with the world’s biggest oil exporter and meet with leaders from across the world. Middle East. The visit is a …

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Oil rebounds to 10-month low after Saudi Arabia denies OPEC supply boost report

Oil rebounds to 10-month low after Saudi Arabia denies OPEC supply boost report

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Oil prices rebounded from a 10-month low on Monday after Saudi Arabia “categorically” denied a report that OPEC was considering a production boost that would help counter the loss of Russian supplies. Brent crude, the international benchmark, fell 6% to $82.79 a barrel, before narrowing its slide to 2%, to trade at $85.95. West Texas …

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