by Justin Spittler
Casey Research
Oil shouldn’t be rallying.
This month, the price of oil has jumped 12%. Yesterday, it closed at its highest price since early July.
While this is a big move, it’s not uncommon for commodities. Remember, commodities are volatile. One day, they’re soaring. The next, they’re crashing. It’s important not to get caught up in their day-to-day swings.
Still, this rally caught our eye…