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Thursday, April 06, 2023

Saudi Crown Prince Mohammad on “Petroyuan”note

Russian oil trading at discounted prices has recently found its way to the top of Asian markets' imports, overtaking Saudi oil.

Since then, Saudi Crown Prince Mohammad Bin Salman Bin Abdulaziz adopted a policy of maximizing crude and derivatives sales to Beijing.

On a parallel note, the Crown Prince seems to have made up his mind concerning the matter of yuan-based pricing for oil trades with China.

What is his view on adopting yuan-based pricing?

What is his view regarding Russian oil sales to China?

What about the recent Saudi energy investments in China? 

Tactical Report has prepared a 301-word report to answer these questions and more. 


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