By apexkid
Didn’t made sense to me. Will love if you add some comments below the blog to explain why oil exporters are forced to lower their prices? If US dollar goes up, then going by all capitalist laws, they should look to make more profit because the demand is constant in each economy. Oil isn’t like electricity which is wasted if not supplied.
Read more here: https://news.ycombinator.com/item?id=10620173
apexkid comments on "Why the Oil Price and the US Dollar Are Negatively Correlated"
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