CFDs are a leverage product and can involve a significant risk of loss. Trading CFDs may not be suitable for all, therefore you should ensure that you understand the risks involved and take into account your individual circumstances.
Trader's Glossary

What is Petrodollar?

Petrodollars are US dollars earned through the sale of oil. Since crude oil is priced in US dollars each transaction involves US dollars changing hands. The term was coined by Ibrahim Oweiss amidst the oil crisis of 1973 as a way of describing the US dollars that OPEC nations were accruing through the sale of their oil.