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Tag Archives: OPEC

Petrodollar Panic? China Signs Currency Swap Deal With Qatar and Canada

November 8, 2014. REUTERS/Petar Kujundzic

By Tyler Durden – The Global Research The march of global de-dollarization continues.  In the last few days, China has signed direct currency agreements with Canada becoming North America’s first offshore RMB hub, which CBC reports analysts suggest “could double maybe even triple the level of Canadian trade between Canada and China,” impacting the need for Dollars.But that is not the week’s biggest …

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Fracking Does Not Mean the End of Opec – It is Not All it’s Cracked Up to Be

taken by Joshua Doubek

Fracking presents a new challenge for OPEC, as well as opportunities. The International Energy Agency (IEA) predicts that, over the next five years, one-third of the new oil production of the world will be developed in the USA. By 2020, the US will be a net exporter of gas. By 2035. It will be energy self-sufficient, they say. The IEA …

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