Oil prices as benchmarked by the West Texas Intermediate Crude (WTIC) recently hit $73 per barrel where many analysts attributed oil's climb to the US dollar.
Having checked on the WTIC compared with different currencies we realized that this had only been partially accurate-oil has been surging across major currencies!
Having checked on the WTIC compared with different currencies we realized that this had only been partially accurate-oil has been surging across major currencies!
Against the Euro
Against the Aussie Dollar
Against the Japanese Yen
Against the Canadian Dollar (loonie)
Against the Swiss Franc
and even Against the South African Rand!