Speculators Belatedly Pull Out of Oil Futures

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Speculators endured two weeks of falling prices before pulling out of crude futures last week. The trend continued on Monday, helping to push both Brent and US West Texas Intermediate (WTI) crude down $1.35/bbl.

Topics:
Oil Futures and Derivatives, Crude Oil, Oil Demand, Oil Supply, Opec-Plus Supply
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