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Get the dollar right and you'll get oil right. Such is the case today: dollar down, oil up. Oil has been taking it on the chin for the past two months as the US dollar appreciated in value and is now back above $94 a barrel (WTI crude). The US Dollar Index is down 0.50% alone today and Brent crude oil is still down -5.5% year-to-date. 

Dollar Down, Oil Up - USDOIL