Here's your summary from Why Is the Oil-Dollar Dynamic Changing? | Presented by CME Group (https://www.youtube.com/watch?v=2hhUg27FODY) on the Bloomberg Television channel:
**TLDR:** The oil-dollar dynamic is changing due to factors such as US interest rates, OPEC production cuts, and geopolitical influences like the invasion of Ukraine.
1. In normal market conditions, the US dollar and crude oil trade with an inverse price correlation due to the Petro dollar system.
2. The correlation between the dollar and crude became positive in 2022 as the Fed raised interest rates and geopolitical tensions rose.
3. The invasion of Ukraine by Russia led to a strengthening of the dollar and crude oil prices due to market uncertainties.
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