with saudi arabia supplying the refineries need for crude oil and iran buying retail assets from petro china this isn't a passing fancy for iran co either for years the company has looked to strengthen ties with china saudi arabia has been one of china's top oil suppliers and has even looked to build refineries with chinese companies but while all this takes place banks have cut forecasts on oil prices this is the third month in a row that this is happened a poll conducted by the wall street journal of fifteen different investment banks predicted that brant crude will average just fifty two dollars a barrel while the west texas intermediate u.s. oil gauge is estimating an average of fifty two dollars. it's no secret that a rise in cost of living can exacerbate homelessness especially in urban areas but a new study shows just how strong that connection is in some american cities many of which are already struggling to provide affordable housing boom bust bianca sheeny has more on this one for us now are we talking about buying homes or are we talking about the cost of renting we're talking ex

the petro dollar and you said to me that the petro dollar is on its way out well it's not going to happen tomorrow but the now there are deals between china and other suppliers in the persian gulf where the uighur rim in b. is being used where russia is accepting rubles for payment of crude export of gas so you know. the times when nixon won to saudi arabia and agreed with opec that this is the going to be dollar traded in exchange for water a number of defense for that part of the world water to safeguard american oil import interests will do strange. that we're no longer entirely dependent on oil in the middle east with sheryl oil and the states america's and other export. things change things change and so on some people say always follow the money if you study economics and politics. you know there's always money somewhere back there in the reason even her coop who are all so sure the. american businessman member of several russian boards a great pleasure thanks for joining us here on r.t. welcome. thank you for joining us as well in the meantime a new study into which country people feel most has found an answer that might surprise s