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An odd thing happened at the end of last week. The oil price began to rise; and the short-term trend appears to be higher. West Texas Intermediate (WTI) is currently trading at $51.1 a barrel, up 15% since early Friday when a barrel could be bought for as little as $44.31. But with no change to the fundamentals - over supply and weaker demand - what's behind the sudden reversal of fortune?
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For the DTM chaps.
DTM Early Birds is a discussion created by BuyBAO on 30 Jun 2014.
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