WTI Crude Soars Above $48, Highest In 4 Weeks

Echoing the end of August face-ripping rally, WTI crude has soared almost 12% in the last 4 days, pushing the Dec contract above $48 for the first time since mid-September… And the reason? Well, The Fed is raising rates and they wouldn’t do that if the economy was not awesome, right?
Surge pricing…

This post was published at Zero Hedge on 11/03/2015.