[thaumasiotes]

So what? Rates go up, dollars get more valuable, it's more expensive to buy dollars than it used to be, and each dollar buys more oil than before.

[themihai]

But only one entity prints dollars so that's the catch/unfair advantage of the U.S.

[samus]

The Fed has a huge influence of course, since they are the largest issuer and politically close to the authority that determines what a dollar is. But Dollars are also created by other banks on their balance sheets, many of them outside the US.

[thaumasiotes]

What are you saying? Does that have anything to do with the decision on interest rates? How does the interest rate decision affect the real price of oil?