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In a weak dollar, we saw a chance for oil

August 29, 2020September 4, 2020webadminComments Off on In a weak dollar, we saw a chance for oil

A weak dollar is the only support for oil and can increase its prices, according to analysts polled by CNBC. Like most commodities that are traded internationally, oil is denominated in dollars. The cheaper the dollar, the higher the product prices set in it. The us currency is likely to remain weak until 2021 due […]

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