What is Petrocurrency
Petrocurrency is a word that uses three different meanings, which are frequently mistaken with one another:In the 1970s, a term was coined to describe the trading surpluses of oil-producing nations. This term refers to the dollars that are paid to oil-producing nations.The value of the currencies of oil-producing nations, which have a tendency to increase in comparison to other currencies as the price of oil goes up.Price of oil expressed in United States dollars: currencies that are utilized as a unit of account for the purpose of pricing oil on the global market.
How you will benefit
(I) Insights, and validations about the following topics:
Chapter 1: Petrocurrency
Chapter 2: OPEC
Chapter 3: 1973 oil crisis
Chapter 4: Petroleum politics
Chapter 5: Petrodollar recycling
Chapter 6: Ahmed Zaki Yamani
Chapter 7: Iranian oil bourse
Chapter 8: Price of oil
Chapter 9: Chronology of world oil market events
Chapter 10: 1970–1979 world oil market chronology
Chapter 11: OPEC Reference Basket
Chapter 12: Nationalization of oil supplies
Chapter 13: 1980s oil glut
Chapter 14: Megacorpstate
Chapter 15: World oil market chronology from 2003
Chapter 16: 1970s energy crisis
Chapter 17: 2010s oil glut
Chapter 18: Petro (token)
Chapter 19: Posted oil price
Chapter 20: Petroyuan
Chapter 21: 2020 Russia-Saudi Arabia oil price war
(II) Answering the public top questions about petrocurrency.
(III) Real world examples for the usage of petrocurrency in many fields.
Who this book is for
Professionals, undergraduate and graduate students, enthusiasts, hobbyists, and those who want to go beyond basic knowledge or information for any kind of Petrocurrency.