| The chance of an agreement to freeze or cut crude output when OPEC members meet next month might appear more distant now Iraq has joined those asking for an exemption, but investors are ramping up their bets that oil prices will rally.
The price of oil has this month risen to its highest so far this year, having gained more than 10 per cent in the four weeks since the Organization of the Petroleum Exporting Countries agreed to cut production and rein excess global supply.........................................Full Article: Source
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