以下为句子列表: 英文: As oil is priced in dollars, a rising euro helps to offset oil price rises for consumers in western Europe. 中文: 由于石油价格以美元标价,欧元的上升将有助于抵消石油价格上涨给西欧消费者带来的影响。 更详细... 分享到: ...
oil’s rise is the result of strong demand from emerging markets. The dollar, he notes, has been “quite stable” in the past few months. One worry in the run up to the Fed’s $600 billion bond-buying announcement in November was that it was going ...
WTI crude futuresand options are the world's most actively traded energy product. It began futures trading on the NYMEX in 1983 with the symbol CL. WTI crude futures are also traded on the Intercontinental Exchange (ICE) with the symbol T and priced in dollars and cents per barrel. One co...
Because oil is priced in dollars worldwide, OPEC members effectively earn less as the dollar drops in value. The buck’s slide continued Wednesday, as the euro rose to a record high of $1.21 from $1.208 on Tuesday. The dollar also fell against the yen, to 108.12 yen from 108.61 yen. ...
Conventional wisdom states that currency depreciation in oil-producing countries is contractionary because demand effects, limited by the prevalence of oil exports priced in dollars, are more than offset by adverse supply effects. Iran, however, has experienced a rapid increase in nonoil exports in ...
Brent crude futures are traded on the Intercontinental Exchange (ICE) with symbol B and priced in dollars. One contract equals 1,000 barrels (159 m3). Each tick lost or gained equals $10.Brent crude futuresare also traded on the New York Mercantile Exchange (NYMEX) with the symbol BZ. I...
Oil is priced in US dollars, and if the US dollar strengthens, oil prices will inevitably fall. Nevertheless, in the third round of interest rate hikes, oil prices began to show a slow downward trend under various factors, indirectly illustrating the severe impact of the Russo-Ukraine war ...
Oil Quoted in Dollars Crude oil is quoted in U.S. dollars (USD). Countries that import oil pay for it in the greenback. Similarly, those that export the commodity receive payment in USD. This system dates back to the early 1970s after the collapse of theBretton Woodsgold standard. This...
Longer term, Saudi Arabia and some other OPEC members have suggested that they may seek to keep oil prices high to compensate for the weak dollar, because oil is priced in dollars worldwide. A falling dollar means oil revenues are worth less to OPEC members....
It argues that oil priced in US dollars becomes cheaper for customers in the corresponding regions when the US dollar depreciates against traditional domestic currencies, thereby increasing the demand. Increased demand then increases global oil prices in US dollars. Conversely, a higher US currency ...