由于石油是国际贸易商品，而加拿大相对于美国和欧盟来说是如此之小，石油价格变化是由加拿大以外的国际因素引起的。对石油和天然气的需求在短期内并不具有弹性，因此油价上涨导致所售石油的美元价值上升。 （也就是说，虽然销售数量会减少，但价格上涨会导致总收入增加而不是下降）。截至2016年1月，加拿大每天向美国出口约340万桶石油。截至2018年1月，一桶石油的价格约为60美元。因此，加拿大每日的石油销售额约为2.04亿美元。由于涉及的销售量很大，石油价格的任何变化都会对货币市场产生影响。油价上涨通过两种机制中的一种推高了加元，这两种机制具有相同的结果。差异取决于石油是以加元还是美元定价 – 通常是 – 但最终影响是相同的。出于不同的原因，当加拿大每天向美国出售大量石油时，加元（加元）上涨。具有讽刺意味的是，两种情况下的原因都与货币兑换有关，尤其是加元相对于美元的价值。这是两种情况中最可能的情况。如果是这种情况，那么当石油价格上涨时，加拿大石油公司将获得更多美元。由于他们以加元支付员工（以及税收和许多其他费用），他们需要在外汇市场上兑换美元作为加拿大人。因此，当他们有更多的美元时，他们会提供更多的美元并创造更多加元的需求。因此，正如“外汇：终极新手外汇交易指南和外汇赚钱指南”中所讨论的那样，美元供应量的增加推动美元价格下跌。同样，加元需求的增加也推高了加元的价格。这种情况不太可能，但更容易解释。如果石油以加元计价，加元价值上涨，那么美国公司需要在外汇市场上购买更多的加元。因此，加元的需求随着美元的供应而增加。这导致加元的价格上涨，美元的供应量下降。
Since oil is an international trade commodity, and Canada is so small relative to the United States and the European Union, oil price changes are caused by international factors outside Canada. The demand for oil and natural gas is not flexible in the short term, so the rise in oil prices has led to an increase in the dollar value of the oil sold. (That is, although the number of sales will decrease, the price increase will lead to an increase in total revenue rather than a decrease). As of January 2016, Canada exported approximately 3.4 million barrels of oil a day to the United States. As of January 2018, the price of a barrel of oil was about $60. As a result, Canada’s daily oil sales are approximately $204 million. Because of the large volume of sales involved, any change in oil prices will have an impact on the money market. The rise in oil prices pushed up the Canadian dollar through one of two mechanisms, both of which have the same result. The difference depends on whether the oil is priced in Canadian dollars or dollars – usually – but the final impact is the same. For different reasons, the Canadian dollar (Canadian dollar) rose when Canada sold large amounts of oil to the United States every day. Ironically, the reasons for both cases are related to currency exchange, especially the value of the Canadian dollar relative to the US dollar. This is the most likely scenario in both cases. If this is the case, then as oil prices rise, Petro-Canada will receive more dollars. Because they pay employees in Canadian dollars (as well as taxes and many other fees), they need to exchange dollars in the foreign exchange market as Canadians. So when they have more dollars, they will provide more dollars and create more Canadian dollars. Therefore, as discussed in “Forex: The Ultimate Newcomer Forex Trading Guide and Forex Money Making Guide”, the increase in US dollar supply has pushed down the dollar price. Similarly, the increase in Canadian demand has pushed up the price of the Canadian dollar. This situation is unlikely, but it is easier to explain. If oil is denominated in Canadian dollars and the value of the Canadian dollar rises, then US companies need to buy more Canadian dollars in the foreign exchange market. Therefore, the demand for the Canadian dollar increases with the supply of the US dollar. This has led to an increase in the price of the Canadian dollar and a decline in the supply of the dollar.