The oil rally continues as WTI hits the highest since December 2014

Author: Adam Button | Category: News

That's a vote for inflation

Inflation is coming.

It might not be the classic demand-driven inflation but commodity prices alone should be enough to result in climbing inflation.

WTI crude is up 96-cents to $64.54 today, the best level since December 2014.

At the same time, Brent is up nearly $1 to $69.40.

OPEC curbs are clearly having an impact, along with expectations for a quick pickup in global growth.