The Fed Is Driving Down Oil Prices

Green Car Congress
By mmillikinJun 20, 2018, 3:01 am151 pts
by Nick Cunningham of Oilprice.com. The U.S. dollar has jumped to its strongest level in nearly a year, raising questions about how a strong greenback could act as a drag on debt and oil demand in much of the world. The U.S. Federal Reserve announced another rate hike a few days ago, which helped edge up the…

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