Don’t Overlook the Dollar Factor for Oil Prices

It’s no secret that oil prices and the US dollar exchange rate have an economically robust relationship. The global market for crude oil, after all, is generally priced in greenbacks. It would certainly be surprising if there was no link between the world’s most important commodity and the planet’s reserve currency. But if this connection [...] View the full post at: Don’t Overlook the Dollar Factor for Oil Prices Related posts: With Oil Prices Tumbling Producers Rush To Lock In Prices More Whining About the Dollar Economic Reports Of Rising Prices And Slow Growth