Money managers slashed their bullish wagers on ICE Brent crude oil futures by the most in nearly eight months in the week to Feb. 13, data showed, as prices plunged amid concerns of oversupply. Speculators also cut net long U.S. crude futures and options positions in the week to Feb. 13 by the most …
The post <b>Oil</b> hits highest in nearly two weeks on Asian equity recovery appeared first on crude-oil.news.