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It seems like a major influence in the price of oil is the US Dollar, [1][2] rather than geopolitical issues. [1] Price of Oil Chart: https://fred.stlouisfed.o
by irln 10y ago
It seems like a major influence in the price of oil is the US Dollar, [1][2] rather than geopolitical issues.
[1] Price of Oil Chart: https://fred.stlouisfed.org/series/DCOILWTICO https://fred.stlouisfed.org/series/DCOILWTICO
[2] Dolar Chart: https://fred.stlouisfed.org/series/DTWEXM https://fred.stlouisfed.org/series/DTWEXM