[CasearianDaoist]

Don't you think that 1) they have to give OPEC some sort of (public) signal that this will happen sooner or later this year (can't have them pricing in Euros or a mixed basket) and 2) It gives the US a little more negotiating room in the upcoming G7 finance meeting.

[SquirrelKing]

Don't you think that 1) they have to give OPEC some sort of (public) signal that this will happen sooner or later this year (can't have them pricing in Euros or a mixed basket) and 2) It gives the US a little more negotiating room in the upcoming G7 finance meeting

Yeah, thinking globally, that makes sense. I'm hardwired for local stuff but in terms of G7 it seems to give us a slightly better hand.