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Vol. 8, No. 50 Week of December 14, 2003
Providing coverage of Alaska and northern Canada's oil and gas industry


Dollar joins OPEC calculus, hits importers

Dollar down against both euro and yen, at record lows against euro

Charles Roth

The Associated Press

OPEC oil ministers have taken to talking like central bankers and finance ministers. And no wonder, given the swoon of the dollar. Traditionally, when the Organization of Petroleum Exporting Countries decides to restrain its production levels, fuel prices stay firm or rise, supporting member revenue....

OPEC considering trading oil in euros to compensate for U.S. dollar decline


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