The Demand-Supply Shortfalls Impacting Oil Inventories
All it took was a few words from OPEC to encourage oil bulls. Money managers increased wagers on rising crude prices by the most since January as futures rebounded from a three-month low. Prices jumped after OPEC’s president said Aug. 8 the group will hold informal talks in Algiers next month and Saudi Arabia signaled Aug. 11 it’s prepared to discuss taking action to stabilize markets. G Plus Economics Chief Economist Lena Komileva discusses with Bloomberg's Manus Cranny on "Countdown."
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