Meanings of pay for oil in English

It makes sense for China to use its own currency to pay for oil imports.

Sanctions on financial transactions with Iran have already made it difficult for buyers to pay for oil from the OPEC producer.

The United States sends about $1 billion per day to foreign countries to pay for oil, according to the letter.

It includes a ban on using taxpayer funds to pay for oil paintings of government officials, including the president and members of Congress.

The sanctions have also made it difficult for Iran to get access to the U.S. currency it needs to pay for oil transactions.

A communique issued after the Vienna meeting called for a rise of 38 cents a barrel in the price companies have to pay for oil.

Refiners started using Halkbank mid-2011, but the bank has refused to open an account for state-run Bharat Petroleum Corp to pay for oil from Iran.

For starters, the United States spends nearly $1 billion overseas everyday to pay for oil, leaving its economy vulnerable to the whims of foreign nations.

Refinery profits were also weaker in the quarter, as the spread between what refiners paid for oil and what they could sell it for narrowed.