Dislikedmk.. well, they stabilized the euro so the oil market wouldn't crash. same sh*t.Ignored
Oil moves the EUR and other risk currencies not the other way round. :nerd: Propping up the EUR alone won't be sufficient in pushing up the price of oil because Europe is not going to suddenly consume more oil when it is already experiencing a drop in exports and consumption for goods.
Besides a strong EUR is not going to be beneficial for the country that is supposed to be the main consumer for crude in Europe at the moment. Germany.