Brent crude rose for the first time in three days as an al-Qaeda offshoot consolidates its control over areas of Iraq, OPEC’s second-largest producer. West Texas Intermediate settled above $106 a barrel for the eighth time in nine days.
"The speculators built length to a record last month, but there was no real loss of oil so they started to exit."
- John Kilduff on Jul 20, 2014
Kilduff Says Iranian Oil Could Cause Disinflation (
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