Sentences with phrase «denominated price of a barrel of oil»
But the more money the Fed prints, the lower the value of the U.S. dollar, and the higher the US dollar - denominated price of a barrel of oil.
http://www.jeffrubinssmallerworld.com/ Not exact matches
Since the oil asset account is denominated in CAD and not in barrels, we must separately keep an inventory of the actual amount of oil owned, and also of the current market price.