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Oil price: speculators still betting oil will rise – even as prices fall - The Week UK
The Week UK | Oil price: speculators still betting oil will rise – even as prices fall The Week UK Even as the price of oil continued to slump, investors convinced recovery is on the way have pushed the value of long bets to an eight-month high. According to Bloomberg, managed money long positions on West Texas Intermediate crude oil (WTI) today ... Oil Advances for a Second Day After Bullish Bets Increase Oil and Metals Join the Risk Rebound while Gold Loses Out |
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