Oil price curve may hint at higher prices
Fund managers are steadily adding to bullish bets on crude oil
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London
CAUTIOUS oil market bulls are stirring, sensing higher prices for future months after a first whisper that the glut may be set to slowly shrink.
The International Energy Agency (IEA) on Friday said lower prices will force non-Opec producers including the United States to cut output by the steepest rate in over 20 years next year.
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