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Strategies & Market Trends : Strictly: Drilling II -- Ignore unavailable to you. Want to Upgrade?


To: E. Graphs who wrote (25994)1/18/2003 10:04:06 PM
From: terry richardson  Read Replies (1) | Respond to of 36161
 
EGraphs: Re: When did Saddam say he wanted his oil paid for in euros? Wasn't that in late summer of 2001?

I think you'll find it was around October/Nov 2000

From a CBSNews.com article dated Dec. 22 2000

"In the last two months, Sadam Hussein has caused international turmoil by demanding payment for its oil in euros rather than dollars, the industry's accepted form of payment. Iraq then suspended its exports in a dispute with the United Nations over pricing, causing fears of a crude shortage.

cbsnews.com

T.