Oil Bulls Plunge Into Market as U.S. Gasoline Demand Hits Record

  • Hedge funds boost bullish wagers to highest since May: CFTC
  • Low prices stimulate March demand for U.S. gasoline: API

Oil Outlook: Are Markets Stabilizing?

Money managers shrugged off the failure of the world’s biggest oil producers to agree on an output freeze as U.S. gasoline demand surged.

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