Oil speculators bet rally is over due to doubts on freeze

Money managers lost faith in oil’s recent rally as doubts grew over whether major producers will be able to agree on an output freeze. Futures in West Texas Intermediate oil retreated last week for the first time since mid-February. Prices had surged from a low of almost 13 years on a proposal by….

Posted: 2016-04-05 01:40:00

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