Petrodollar recycling

（重定向自Petro dollar）

Fluctuations of OPEC net oil export revenues (1972–2005 data, 2006–2007 projected)[1]

Harrods department store in London, under Arab ownership since 1985[2]

London's Chelsea Football Club, under Russian ownership since 2003[3]

Cézanne painting, purchased by the Royal Family of Qatar for more than US$250 million in 2011[4]

Petrodollar recycling is the international deployment of a country's revenue from petroleum exports. It generally refers to the phenomenon of major petroleum-exporting nations – mainly the OPEC members and Russia – earning more money from the export of crude oil than they could feasibly invest in their own economies. The resulting global interdependencies and financial flows, from oil producers back to oil consumers, can reach a scale of hundreds of billions of US dollars per year across a variety of currencies, heavily influenced by government-level decisions. The phenomenon is most pronounced during periods when the price of oil is historically high.

单词	Petro dollar
释义	Petro dollar 英语百科 Petrodollar recycling （重定向自Petro dollar） Petrodollar recycling is the international deployment of a country's revenue from petroleum exports. It generally refers to the phenomenon of major petroleum-exporting nations – mainly the OPEC members and Russia – earning more money from the export of crude oil than they could feasibly invest in their own economies. The resulting global interdependencies and financial flows, from oil producers back to oil consumers, can reach a scale of hundreds of billions of US dollars per year across a variety of currencies, heavily influenced by government-level decisions. The phenomenon is most pronounced during periods when the price of oil is historically high.
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