CNBC | US oil closes 0.2 pct lower on thin holiday trading CNBC Crude futures fell on Monday as European markets observed the Easter break while U.S. data showed hedge funds and other big speculators still slow to build long positions after the oil price rebound of the past two months. U.S. crude's West Texas ... Speculators cut bearish bets on oil Oil rally fuelled by bears cashing out Oil Enthusiasts Stay Out of Rally Led by Shrinking Bearish Bets |