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Oil sceptics pull out as market dispels gloom to flirt with US$50

Published Mon, Jul 31, 2017 · 09:50 PM

New York

AS PESSIMISM over oil dissipates and investors flirt with US$50 a barrel again, short-sellers are getting out of the way.

Hedge funds are the most upbeat about West Texas Intermediate crude in three months after bets on d…

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