Oil Pares Biggest Quarterly Gain Since 2009 Amid Rebalancing

  • WTI surges 26% in second quarter as global supply glut easing
  • Crude market whipsawed since U.K. vote to leave EU on June 23

Oil Producers Drill Deeper as Investors Search for Yield

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Oil capped the biggest quarterly advance in seven years as falling U.S. supply added to speculation the global surplus is easing.

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