No moves to shift oil from dollar: OPEC sec-gen

LONDON | Tue Oct 20, 2009 4:17am EDT

LONDON (Reuters) - OPEC Secretary-General Abdullah al-Badri said on Monday he knew of no plans to shift international oil trade away from its dollar denomination.

When asked if he was aware of any such moves, Badri said: "No, no, this is a 100 percent member country policy."

Reiterating that oil trade denomination issues were the concerns of individual OPEC members rather than group policy, Badri also said dollar weakness was a concern for exporters.

"This is a member country policy but it is a concern for us," Badri said.
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