gas price & USD strength

is the dollar more strong when gas price rises? is there a co-relation there at all?
LVL 6
anushahannaAsked:
Who is Participating?
 
Tiras25Connect With a Mentor Commented:
Oil is priced in dollars.  

When dollar is weaker, oil costs more, other than the usual supply/demand and geopolitical issues.
0
 
anushahannaAuthor Commented:
thanks.
0
Question has a verified solution.

Are you are experiencing a similar issue? Get a personalized answer when you ask a related question.

Have a better answer? Share it in a comment.

All Courses

From novice to tech pro — start learning today.