The markets say they do not want oil prices in euros. But denominating internationalcrude prices in euros is a political ambition the European Union seems determinedto pursue – starting with Russia. MariaKielmas reports
Rothschild has entered the oil risk management sector, offering over-the-counter risk management products worldwide across all oil commodities to oil producers, consumers and utilities.
Venezuela’s internal conflict and the intended removal of Saddam Hussein from Iraq have meant both countries are seeking deals with international investors to boost oil production. But are the potential legal problems worth the trouble? By Maria Kielmas