Crude Oil Rises Amid Speculation Global Crude Glut to Decline

  • Speculators raise net-long positions in WTI by 17% over week
  • Saudi Aramco sees oil rising as demand catches up with supply

The Impact From Collapsing Oil Prices

Oil climbed amid speculation that the global crude glut will decline as U.S. production slips and central bank policies stimulate demand.

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