Russia’s Gazprom Neft signals shift away from US dollar payments in China

A Russian oil company has started settling some aviation fuel payments in the yuan in China as Moscow and Beijing look to cut reliance on the US dollar and increase cooperation in the energy sector.Alexander Dyukov, chief executive of Gazprom Neft, the oil arm of Russian gas giant Gazprom, said on Friday that the company had started using the yuan in China for aviation fuel settlements.At the Eastern Economic Forum in the Russian city of Vladivostok, Dyukov said a deal had been reached with…