Wednesday, March 15, 2017

Why did oil futures spike today on the Fed increasing rates ?

Increased rates imply stronger dollar so the futures should have dropped (in an already weak oil market). This doesn't makes any sense to me.

Anyone has any idea why oil would go up ?



Submitted March 15, 2017 at 06:06PM by i_lurk_here_a_lot http://ift.tt/2mQ2mnX

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