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Global Investment Themes - Energy
by Markaz Research [More Info]
Most commodities, including crude oil are priced in U.S. dollars. A dollar depreciation makes crude oil less expensive for consumers in non-dollar regions, thereby increasing their demand. On the supply side, price pressures arise from declining profits in local currency for producers outside the dollar area. This is a key theory behind oil price increases.
Access : For Public
Pages : 7
Category : Economics
Cost :
Free
Date Published : 2008-06-30
