Oil falls below 60 dollars
The coronavirus is weighing on the tourism and transportation sectors, where restrictions on regional flights continue to expand. In the aftermath, the European stock markets opened sharply lower.
Oil contracts in euros Russia continues to get rid of the dominance of the dollar
Russia’s biggest oil company, Igor Sechin, has shifted completely to using the euro in its contracts instead of the dollar, a move aimed at protecting its dealings from US sanctions, Rosneft’s chief executive said.