How U.S dollar contribute to the rising Oil prices?
- 1 Answers
- 1152 Views
- I also Faced
- E-Mail Answers
Answer / Himanshu Kataria
The US dollar's exchange rate has a significant impact on oil prices because oil is priced in US dollars on the global market. When the US dollar strengthens, it makes oil more expensive for countries with weaker currencies, potentially leading to increased demand and higher prices.
| Is This Answer Correct ? | 0 Yes | 0 No |
Tel me abt urself,priciple of sync generator,skin effect-y it is only in ac n not in DC,hydel,thermal power plant schema-main parts
How API is calculated?
Explain how much do oil companies make on each dollar you spend on gas?
what is Metering theory?
1 Answers Bharat Petroleum, BPCL Bharat Petroleum, Sanket Advertising,
Where these two terms are implemented?
Which material is used while making Ball Bearing?
1 Answers BPCL Bharat Petroleum,
How much expenditure on petrol and diesel in india per day?
2 Answers Practical Viva Questions, Zenway,
the sequence of water,gas,oil in earth
how the oil surge relay works? pleas give ans.
Why is tetra-ethyl lead added to gasoline?
Mention what are the factors that can fluctuate in gasoline price?
Explain what is Power Shares DB Energy Fund?
Energy Oil Gas 
