Oil Pessimists Exit as OPEC Cap Talk Spurs Bets Glut Easing

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For a second week, money managers slashed bets on falling prices by a record and boosted wagers on a rally. Futures have climbed 23% in less than three weeks as some OPEC members raised the possibility of an output freeze amid signs the global glut is easing.  “This is a lot of running from one side of the boat to … Read More