U.S. Dollar Index
Posted: Tue Jun 26, 2018 7:27 am
Since mid-April the U.S. Dollar Index is up ~5%. https://www.marketwatch.com/investing/index/dxy/charts
Crude oil trades in U.S. dollars, so that big move takes about $3/bbl off of WTI price.
Crude oil trades in U.S. dollars, so that big move takes about $3/bbl off of WTI price.