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Is the oil market ready to say goodbye to King Dollar?

Is the oil market ready to say goodbye to King Dollar?

FromCapitol Crude: The US Energy Policy Podcast


Is the oil market ready to say goodbye to King Dollar?

FromCapitol Crude: The US Energy Policy Podcast

ratings:
Length:
18 minutes
Released:
Aug 28, 2023
Format:
Podcast episode

Description

The G7-led coalition’s price cap imposed on Russian crude is set to be tested as oil prices rise. At the same time, the greenback’s supremacy in global oil trade is being challenged.  Rachel Ziemba, an adjunct senior fellow at the Center for a New American Security and global consulting firm Horizon Engage’s senior advisor on sanctions, delves into the sanctions and currency impacts on the oil markets on the podcast. She gives her take on the fate of the Russian oil price cap, the effects of price competition among sanctioned entities and whether we’re going to see the end of King Dollar anytime soon. Stick around for Chris van Moessner with the Market Minute, a look at near-term oil market drivers.
Released:
Aug 28, 2023
Format:
Podcast episode

Titles in the series (100)

In-depth weekly analysis of US energy policy news from S&P Global Commodity Insights senior editors covering the Capitol. Hosted by Jasmin Melvin.