‘Well-Timed’ OPEC Talk Forces Oil Bears Into Record Reversal
EghtesadOnline: OPEC has done it again. Talk of a potential deal to freeze output helped push oil close to $50 a barrel and prompted money managers to cut bets on falling prices by the most ever. West Texas Intermediate, the U.S. benchmark, went from a bull to a bear market in less than three weeks.
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Publish Date:22/August/2016 | 06:03