Does oil really depend on USD?

Oil prices have risen up today

In brief: The reason of rising of “black gold” prices has become the publication of the US statistics

Oil prices have risen up today on December, 7. Now oil is evaluated in almost $76 per barrel. In comparison on Friday, December, 4 it was almost $1 less.

The reason of rising of “black gold” prices has become the publication of the US statistics. The matter is that USD is falling down and the US Ministry of labour reports about reducing of 11 000 workers. But it is less than a year ago.

Ukrainian Globalist
2009-12-07 13:20, Economics.

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