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Posts tagged as “largest”

Russia’s largest oil company Rosneft ditches dollar for Euro

Russia’s largest oil company Rosneft ditches dollar for Euro Russia’s largest oil company Rosneft has set the euro as the default currency for all new exports of crude oil and refined products, as the state-controlled giant looks to switch as many sales as possible from U.S. dollars to euros in order to avoid further U.S. sanctions against it. As of September, Rosneft is seeking euros as the default option of payment for its crude oil and products, Reuters reported on…

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