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Marketview: Dollar Drums

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The value of the US dollar against a basket of currencies is down more than 8% since the start of the year, making it cheaper to import crude oil and refined products for countries around the world even if they don’t buy directly from the US, since oil is priced in US dollars.

Topics:
Tariffs, Oil Prices, Crude Oil, Oil Products, NGL/LPG, Oil Demand, Oil Trade
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