US crude climbed as much as 4.7% Thursday, crossing the $50 a barrel mark for the first time since July.
The spike to the upside came as the US dollar fell by 0.4% against basket of six major global currencies.
Brace yourself, accelerating price inflation is coming. Is today's move part of the turn?
-RW
Perhaps or it may be the collapse of us shale oil market.
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