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Huge short covering gives oil, share markets a boost

The purchases which resulted in oil and mining shares rallying, followed extensive short sales towards the end of last year
Saturday, January 23, 2016 - 05:50

London

MASSIVE short covering from hedge funds and other bears boosted oil prices and global share markets on Thursday and Friday.

The purchases followed extensive short sales towards the end of last year. Billionaire speculator and investor George Soros illustrated what he and

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