With oil priced in USD, the fed raising interest rates, and the USD getting stronger, why is oil still relatively high? Are the oil cuts having that big of an impact that it can offset strength in the dollar? What am I missing?
With oil priced in USD, the fed raising interest rates, and the USD getting stronger, why is oil still relatively high? Are the oil cuts having that big of an impact that it can offset strength in the dollar? What am I missing?
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