erpinnews.com
Crude oil is rallying (USO, WTI, OIL, VDE)
Crude oil is closing in on $50 per barrel. West Texas Intermediate crude futures in New York rose 2% on Wednesday morning to as high as $49.70 per barrel, the highest level in about two and a half months. On Tuesday evening, the American Petroleum Institute reported that US inventories unexpectedly fell by 1.2