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Takeaway: Get the dollar right and you'll get a lot of other things right. A move to the upside will take oil lower.

A move to the upside on the US dollar is all it would take to take oil even lower and Mitt Romney certainly has the ability to do just that at tonight’s debate. Looking at this chart showing one-month performance of Brent Crude oil and the US dollar, you can easily see why we remain bearish on crude. 

OIL: Bring The Bears Out  - image001