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Funds turn bullish on oil as US drillers rein in supply
Money managers boost their net-long position in WTI crude by 12% in the week ended Oct 6
Published Mon, Oct 12, 2015 · 09:50 PM
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New York
HEDGE funds turned the most bullish on oil in three months, growing more confident that producers are pulling back fast enough to deflate a supply glut.
With US oil floating near US$50 a barrel again a…
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