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Opec cuts prompt record bets on oil price rise

Hedge funds boosted net-long position on WTI by 8.6 per cent in the week to Feb 14

Published Mon, Feb 20, 2017 · 09:50 PM

New York

OPEC has never taken supply cuts so seriously, and hedge funds are loving it.

Investor optimism that West Texas Intermediate (WTI) oil prices will rise …

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