Oil Prices - May 13

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dan_s
Posts: 37318
Joined: Fri Apr 23, 2010 8:22 am

Oil Prices - May 13

Post by dan_s »

There is an inverse relationship between the U.S. dollar and oil prices. Oil trades in U.S. dollars all over the world.

Make this website one of your favorites: http://www.marketwatch.com/investing/index/dxy/charts

The chart will often tell you why oil prices are up or down on any given day.
Dan Steffens
Energy Prospectus Group
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