How does the value of the dollar affect oil prices?
Saturday, October 11th, 2008
hmmmmmmmm asked:
Do oil prices go up with a weakening dollar because imports are more expensive? Also, what do people mean when they say oil is traded in dollars (as in what are the ramifications of that)?
Derrick
Do oil prices go up with a weakening dollar because imports are more expensive? Also, what do people mean when they say oil is traded in dollars (as in what are the ramifications of that)?
Derrick
