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Crude Oil Bears Betting on Supply Glut Miss Market Rally: Energy

2015-02-16 10:47:24| Oil & Gas - Topix.net

Hedge funds and other money managers decreased net-long positions in West Texas Intermediate crude by 9.1 percent since Jan. 13, U.S. Commodity Futures Trading Commission data show. Futures climbed for a third week as companies including Apache Corp. and Total SA announced spending cuts.

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