Why the Price of Oil Surged on Wednesday
January 16, 2015 at 12:15 PM EST
The price of oil rose dramatically Tuesday, posting its best one-day performance since 2012. All of this occurred in a market with oversupply concerns still unresolved and a continuing host of short artists poised to pummel futures prices at any opportunity. So, if the environment remains essentially the same, why the rise in prices? The post Why the Price of Oil Surged on Wednesday appeared first on Money Morning - Only the News You Can Profit From .