The rally in oil cannot be ignored — here’s what it means for stock market investors

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Working oil pumpjacks are pictured on the outskirts of Taft, Kern County, California on Sept. 21, 2023. 
Frederic J. Brown | Afp | Getty Images

U.S. oil prices have climbed to their highest level since late October, as the rally in the key commodity becomes something equity investors cannot afford to look past.